11425 W Ludington Drive Lake, MI $ 650,000
11425 W Ludington Drive
$ 650,000
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11425 W Ludington Drive

Lake, MI, 48632
$ 650,000
Baths0.0 Sq 3,368

Monthly Estimate*

$ 4,540

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Studio

Commercial Property for sale in Lake, MI

for $650,000. This 3,368 square foot building was built in 1940 on a lot size of 44.

The Possibilities are ENDLESS with this turn key business. High visibility with great location just west of Farwell on US 10/Ludington drive in western Clare County. The Rails to Trails runs through the property, so there is all kinds of foot/biking traffic as well. This 44 acre property is currently used as a campground, with 84 total camp sites; 66 of the sites have access to utilities. There is a total gross building area of 13,104 SF, with 2,704 sq ft of that designated to the Pavilion which includes bathrooms and a kitchen area. Also included in the gross building area is a 1508 sq ft home/bunk house that could service grounds keeper or owners. There is an additional 2200 sq ft storage barn, as well as several other smaller buildings, totaling 5 in all. Also on the property is a large 30x60 3ft to 9ft deep inground heated pool with updates done in 2022 with new cover. Think Big! Other possible uses for this property could be an Event Venue, some type of outdoor restaurant-BBQ, or Food Truck site. Additional rustic camping sites or Yurts could possibly be added.

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Commercial Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

44

Year Built

1940

Town/City

Lake

County/Region

Clare

MLS | Web ID

80005624

Features
General
Heating Wall Heat Forced Air
Cooling Wall/Window A/C
Possession Negotiable (Possession)
Roof Asphalt Metal
Water Private Well
Status Active Active
Year Built 1940
Subdivision Michigan Eagles Family Rec MI
County Clare
Class COM/IND/BUS OPP
Type Business
Business Name Michigan Eagles Family Re
Percent Ownership Corporation
Municipality Garfield Twp
Section 7
Zoning Commercial
Commercial Features Bath Outbuilding(s) Overhead Doors
Area Garfield Twp (18005)
Primary City Lake
Directions Heading West through Lake on Ludington Drive property located on the south side of road past Partridge road.
City Lake
Street Name Ludington
Financial Terms Cash Commercial Loan
Legal Description See attached Legal Description
DOM 384
Postal Code 48632
Price Per Sq Ft 192.99
Coming Soon
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Exterior
Exterior Aluminum Frame Vinyl Siding
Lot Size Area 44
Lot Dimensions See Attached Survey
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Interior
Fuel Type LP/Propane Gas
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* Excluded Features
List By
Jane Ann Palmer

Listing Agent

Century 21 Signature Realty - Clare

Broker

jpalmer@c21signature.net

Email

Affordability Calculator

$4,540
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,540
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2024$650,000 -10.34% Price Down
12/14/2023$725,000 -3.33% Price Down
4/22/2023$750,000 Listed Price

Map


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11425 W Ludington Drive, Lake, MI, 48632 is a Commercial Property for sale at $650,000 with 3,368 sqft and a lot size of 44. 11425 W Ludington Drive is a studio with 0.0 baths and was built in 1940. The property's zip code is 48632 which is in Lake, MI