411 S James Street, Ludington, MI 49431
sale
$125,000
|
Retail
Courtesy Of Lighthouse Realty Ludington Manistee
503 S Rath, Ludington, MI 49431
PRIME LOCATION FOR THE DEVELOPMENT OF A COMBINED RESIDENTIAL/COMMERCIAL PROJECT IN DOWNTOWN LUDINGTON- The building is NOT salvageable, but the land it sits on is potentially ideal for the mixed use project of your choice. Funds for the demolition and removal of the building, as well as remediation of the soil beneath it, are available through EGLE(formerly DEQ) and the State of Michigan. Buyers would be responsible for paying upfront for a BEA(baseline environmental assessment) and the presentation of a development plan to qualify for state funding. The City of Ludington, EGLE and EPA are all highly motivated to work with qualified candidates to redevelop this prime location in downtown Ludington. Information regarding brownfield funding available through the link provided in AGENT REMAR
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Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Building Units: 1
- Exterior Type: Stucco
- Exterior Type: Brick
- Exterior Type: Vinyl Siding
- Floors: 2
- Heating System: Hot Water(Heating)
- Legal Description: ORIGINAL PLAT S 70 FT OF W 50 FT OF LOT 4 & S 46 FT OF LOT 5 BLOCK 60, SUBJECT TO EASEMENTS OF RECORD
- MLSID: 25005618
- Roof Type: Rubber
- Rooms: Bathroom 1
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