REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 137,000
Est. payment /mo
Contingent
806 Ludington Street Escanaba, MI 49829
4,320 SqFt
UPDATED:
01/09/2025 12:47 AM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Contingent
Purchase Type For Sale
Square Footage 4,320 sqft
Price per Sqft $31
Subdivision Mi
MLS Listing ID 50148780
Year Built 1910
Annual Tax Amount $2,308
Tax Year 2023
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 25x104
Property Description
Investment Opportunity in Prime Location! Attention investors! Here's a fantastic chance to secure a steady income with a long-term tenant in place. The storefront has been rented, to the same tenants, for 32 years on a month-to-month basis and offers reception area, offices, bathroom, and basement access for storage. Storefront tenants pay their own utilities. Additionally, the 2 upstairs apartments each feature a living room, kitchen, two bedrooms, a full bath, separate entrances, and laundry facilities. Upper front apartment has been renovated and rented as of 12/1/24 for $750 per month. Upper rear apartment has been renovated and will be available for rent starting 2/1/25 for $700 per month. All tenants pay their own utilities. Parking is available in the rear. New Roof in 2021. New Windows and Door on Facade in 2022. Don't miss this opportunity to maximize your investment with upgraded, high-demand units! Building being sold "AS-IS".
Location
State MI
County Delta
Area Escanaba (21010)
Zoning Commercial
Interior
Heating Forced Air
Exterior
Parking Features 2 Spaces
Roof Type Rubber
Building
Foundation Basement
Water Public Water
Structure Type Brick,Vinyl Siding
Others
Ownership LLC
SqFt Source Assessors Data
Energy Description Natural Gas
Financing Cash,Conventional,Conventional Blend
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KEY REALTY DELTA COUNTY LLC