510 E Lake Street, Ludington, MI 49431 (MLS# 26051869)

510 E Lake Street, Ludington, MI 49431

New Listing
$2,200,000
Property Type: Commercial Sale Square Footage: 52,000 Lot Size (sq. ft.): 196,020 Status: Active
Current Price: $2,200,000 List Date: 9/29/2026 Last Modified: 9/30/2026

Overview

Description

LUDINGTON COMMERCIAL WATERFRONT - 4.5 acres - Prime waterfront development and investment opportunity on Pere Marquette Lake with direct channel access out to Lake Michigan! Spanning 4.5+ acres with approximately 735 ft of shoreline and 502 ft of road frontage, this legacy site is exceptionally positioned near the heart of Ludington's harbor and downtown district. The property features an active 35-slip marina with current slip bookings through October 15, 2026, an existing marina service building, restroom facilities, and a fish cleaning station. Situated in the versatile Waterfront zoning district that encourages mixed-use, multi-family residential, retail, hospitality, or expanded marina operations, this property offers incredible potential and an unbeatable location for your premier waterfront vision. Buyer to verify all information.

Listing Details MLS# 26051869

Location Property Info

County
Mason
Street #
510
Street Direction
E
Street Name
Lake
Suffix
Street
State
MI
Zip Code
49431

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
4.5
Lot Square Footage
196020
Lot Dimensions
502 x 735 Irregular
Year Built
1924
Road Frontage
502
Mineral Rights
Unknown
Total # Units
Yes
# Fin Bldg Lvls
Yes
Total # Bldgs
5
Total SqFt
52000
Property Use Type
Investment
Full Baths
4
Waterfront
Yes
Body of Water
Pere Marquette Lake
School District
Ludington
Statewide Lakes & Rivers
Pere Marquette Lake
Elementary School
Ludington Elementary School
Middle School
Oj Dejonge Middle School
High School
Ludington High School

Tax Info

Tax ID #
53-051-590-001-00
Taxable Value
323129
SEV
1019500
For Tax Year
2025
Seller's Annual Property Tax
18958.68
Tax Year
2026
Spec Assessment & Type
Unknown
Zoning
Waterfront Dist

Remarks Misc

Directions
From US-10/ Ludington Ave West to S Washington Ave, South on Washington Ave to Lake St, West onto Lake St. 510 will be on the left.

Waterfront Options

Water Access Y/N
Yes
Water Frontage
750

More Information

Property Features

Water Type: Lake Uses: Other Ownership: Other Business Includes: Real Estate; Other Construction Type: Other Sewer: Public Sewer Water: Public Water Utilities Attached: 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: None Driveway: Gravel Street Type: Paved; Public Purchase Terms Avail: Cash; Other Docs at List Office: Aerial Photo Sale Conditions: None
IDX
Listing Office: Greenridge Realty S Rath
Listing Agent: Debby Stevenson
Source MLS Verified
Last Updated: September - 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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