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510 Lake Street
Ludington, MI 49431

$2,200,000 - Status: Active
MLS# 22030991

City of Ludington - Development and/or Business opportunity - Approx 4.5+ acres on the shore of Pere Marquette Lake, which is also the Lake Michigan port in the harbor town of Ludington, MI. Approx 735ft of water frontage & 502 ft of road frontage. 35 boat slips in the marina. Looking to create something new for the future? Prime development property for condo community or REHAB the old building and create new living spaces. The 50,000sq ft building has collapsed on the East end and the structure will need to be removed. Dont miss this opportunity to convert a legacy property into your vision for the future.

Property Features

MLS#: 22030991
Zip: 49431
Subdivision:
Development: Ludington
Property Type: Commercial - Retail
Days on Site: 1,387
Heating: None
Lot Size: 4.50 acres
Taxes: $19,291
Year Built: 1924

Feature Descriptions

Business Type: Other
Lake Name: Pere Marquette Lake
Lot Dimensions: 502 x 735 Irregular
Parcel Number: 53-051-590-001-00
Road Surface: Paved
Sub Type: Retail
Units: 1
Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Storm Sewer
Waterfront: Lake

Local Schools

School District: Ludington

510 Lake Street | MLS# 22030991

This commercial property located at 510 Lake Street, Ludington, MI 49431 is currently listed for sale with an asking price of $2,200,000. Lake Street is located within the Ludington school district. Search Ludington real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Greenridge Realty S Rath
Agent Name: Debby Stevenson

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 05/09/2026.

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