205 & 215 N Jebavy Drive, Ludington, MI 49431 (MLS# 26057770)

205 & 215 N Jebavy Drive, Ludington, MI 49431

New Listing
$495,000
Property Type: Commercial Sale Square Footage: 3,980 Lot Size (sq. ft.): 125,020 Status: Active
Current Price: $495,000 List Date: 10/30/2026 Last Modified: 10/30/2026

Overview

Description

COMMERCIAL BUILDING - This three-unit, 3,980 SQFT building is currently fully rented by a single tenant and is in excellent condition. Situated on a 2.8A lot with 188' of frontage on a high-traffic main road, the site offers ample paved parking spaces in the front & plenty of additional space in the back for parking/storage/expansion. The site includes a 22' x 24' garage near the road, currently used for storage & ample room for future development with a large open area to the north and wooded buffer area to the south. Price per SQFT of building including the lot & parking is well below new construction costs. As a landlord, this could be a good choice for a passive income. Call today to discuss your plans

Listing Details MLS# 26057770

Location Property Info

County
Mason
Street #
205 & 215
Street Direction
N
Street Name
Jebavy
Suffix
Drive
State
MI
Zip Code
49431
Zip (4)
1921

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
2.87
Lot Square Footage
125020
Lot Dimensions
665' x 188'
Year Built
1989
Road Frontage
188
Mineral Rights
Unknown
Total # Units
3
# Fin Bldg Lvls
3980
# of Diff Unit Floor Plans
3
Total # Bldgs
Yes
Total SqFt
3980
Property Use Type
Investment
Full Baths
3
Waterfront
No
School District
Ludington
Elementary School
Ludington Elementary School
Middle School
Oj Dejonge Middle School
High School
Ludington High School

Tax Info

Tax ID #
010-014-200-032-00 & -027-40
Taxable Value
99572
SEV
118200
For Tax Year
2026
Seller's Annual Property Tax
4433
Tax Year
2024
Spec Assessment & Type
None
Non-Conforming Use
No
Zoning
C-1

Remarks Misc

Directions
From US-10: N on Jebavy. Property on the left just across from King Dr.

Additional Details

Total Parking Spaces
13

More Information

Waterfront Options

Water Access Y/N
No

Property Features

Property Use: Investment Uses: Professional Service; Professional/Office Ownership: Other Business Includes: Real Estate Construction Type: Frame/Wood Exterior Material: Metal Siding Roofing: Composition Foundation: Slab Below Grade: None Tenant Pays All: Electric; Gas; Janitorial; Sewer; Trash; Water Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Asphalt; Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional; Other Docs at List Office: Aerial Photo; Survey Sale Conditions: None Possession: Close Of Escrow
IDX
Listing Office: GREENRIDGE Realty Ludington
Listing Agent: Bob Budreau
Source MLS Verified
Last Updated: October - 30 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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