AMAZING OPPORTUNITY TO BE A BUILDING/BUSINESS OWNER. Great location! Two blocks from city center,Municipal Marina, and short walking distance to the Sugar Sand shores of Lake Michigan. Updated storefront with all glass on James St. Updated in 2006 with new electric, plumbing, baths, windows, ceiling, heating and cooling.Further remodel in 2016. Square footage can be adjusted to accommodate buyer. Part of the Historic Stram llc condominiums. There are three total commercial spaces on the first level and sizing can be adjusted from approx. 1,000 to 5,000 square feet.7 condo-living/rental units on upper building level.Full Kitchens, all with individual washer/dryer. 1 and 2 bed units producing over $140K GROSS RENTS. SO MANY POSSIBILITIES!Call today for all the details.
Located in the Heart of Downtown Ludington, Take Ludington Avenue to James Street South to the Historic Stram Building.
The approximate monthly Principal & Interest payment for this property would be $4,037. This payment is based on a 30-year loan at a fixed rate of 3.73 % with a down payment of $69,900. Actual lender interest rates and loan programs may vary.
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