1204 Ludington Street Escanaba, MI ^$ 40,000

1204 Ludington Street

^$ 40,000

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1204 Ludington Street

Escanaba, MI, 49829

^$ 40,000

Studio Baths0.0 Sq 9,500

Monthly Estimate*

^$ 279

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Studio

Commercial Property for sale in Escanaba, MI

for $40,000. This 9,500 square foot building was built in 1900 on a lot size of 0.08.

Retail space ready for a few final touches and an open sign. Comes with 2 10x9 office spaces, breakroom kitchen,2 pc. bathroom, potentially 2nd bath or laundry, plus 2 storage areas for the business. City lot in back offers plenty of parking. Full high basement for much additional storage also. This was the Old Peterson Hotel and is in National Historic Register since 2014. New owner could qualify for Fed tax credit of 20% eligible costs and State credit of 25% eligible costs. 2nd and 3rd floors offer endless possibilities.( Agent has some info.) Original hardwood floors exposed brick walls and numerous 6 panel doors and woodwork are still on site and in need of some restoration. Water is turned off due to a copper water supply line break ,Boiler is also off. Sold as is.

Commercial Active

Price

^$ 40,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 516

Style

Commercial/Industrial

Lot Size

0.08

Year Built

1900

Town/City

Escanaba

County/Region

Delta

MLS | Web ID

50137089

Features

Exterior

Exterior Brick

Frontage 25

Lot Size Area 0.08

Lot Dimensions 25x140

Water Features None

Roads City/County

Waterfront Y/N No

General

Water Other-See Remarks

Status Active Accepting Backup Offers

Year Built 1900

Parking Municipal

Subdivision Proprietors 1st Add MI

County Delta

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name cross enterprises

Percent Ownership LLC

Municipality Escanaba

Commercial Features Carpet Ceramic Floor Display Window Restroom(s)

Area Escanaba (21010)

Primary City Escanaba

Directions Ludington st. east to 1204 on north side st.

City Escanaba

Street Name Ludington

Financial Terms Cash Conventional

Legal Description E 1/2 OF LOT 2 OF BLK 80 OF PROPRIETORS 1ST ADDITION

DOM 36

Postal Code 49829

Price Per Sq Ft 4.21

Coming Soon Retail space ready for a few final touches and an open sign. Comes with 2 10x9 office spaces breakroom kitchen 2 pc. bathroom potentially 2nd bath or laundry

Interior

Fuel Type Natural Gas

* Excluded Features

List By

JEAN FULTON

Listing Agent

Coldwell Banker Schmidt Escanaba

Broker

jean.fulton@cbgreatlakes.com

Affordability Calculator

$322

Per Month

Monthly Principal & Interest: $279
Monthly Property Taxes: $43
Monthly Home Insurance: --

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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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Nearby

Trends
Schools

Commerical listings in Escanaba, MI

Average List Price ^$455,047

Percent of Sale Price 1,038%

About Escanaba, MI

12,700 Population

-5% Since 2002

^$31,131 Median Income

41.26 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/28/2024	$40,000		Listed Price

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1204 Ludington Street, Escanaba, MI, 49829 is a Commercial Property for sale at $40,000 with 9,500 sqft and a lot size of 0.08. 1204 Ludington Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 49829 which is in Escanaba, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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1204 Ludington Street

Commercial Property for sale in Escanaba, MI

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