1011 James StLudington, MI 49431

This exceptional 1.45-acre property in Ludington, Michigan, presents a unique investment opportunity. Comprising seven platted city lots, this land offers limitless potential for residential and commercial development. The property's zoning allows for a variety of uses, including the sale of individual lots, the construction of multi-family dwellings (potentially up to 3-4 units per lot), or the establishment of adult or family day care facilities. The northern portion of the property is commercially zoned, opening up further possibilities for business ventures. Its strategic location offers unparalleled convenience, being just seven blocks from the picturesque Lake Michigan shoreline, the iconic Ludington Lighthouse, and the beautiful beaches. A short bike ride connects the property to the vibrant downtown area, the Badger car ferry, and the city marina. The existing building will be removed by January 2025. Furthermore, the possibility of securing Brownfield Development funds should be explored. Two additional adjoining lots (lots 13 and 14) are also available for purchase separately. Prospective buyers are responsible for verifying all zoning regulations, tax assessments, property dimensions, and other pertinent information. This is a rare chance to acquire a substantial parcel of land in a highly desirable location with significant upside potential. The land contract offers a flexible payment plan with three payments spread over three years.