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Improved Mixed-Use Land for Sale in Ludington, Michigan

510 E Lake St, Ludington, MI 49431

$2,200,000
4.5 acres
Active sale
ago
Est $12,820/mo

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.

52,000
Sq feet
4
Full baths
1924
Built

Location

Street address
510 E Lake St
Zip code
49431
School district
Ludington
Elevation
590 feet
Coordinates
43.9477, -86.4427

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.

Property details

Acreage
4.5 acres
Zoning
Waterfront Dist
MLS #
MichRIC 26051869
Posted

Property taxes

2025
$18,959

Parcels

  • 53-051-590-001-00

Details and features

Listing

Type
Commercial Sale

Lot

Waterfront
Lake

Structure

Stories
1

Interior

Rooms
Bathroom x 4
Features
Broadband

Nearby schools

NameTypeDistrict
Ludington Elementary SchoolElementaryLudington
Oj Dejonge Middle SchoolMiddleLudington
Ludington High SchoolHighLudington

Listing history

DateEventPriceChangeSource
Sept 29, 2026New listing$2,200,000—MichRIC
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This 4.5-acre property is located at 510 E Lake St in Ludington, MI 49431. The property is available for sale, priced at $2,200,000. It has a 52,000 square foot structure built in 1924.

Listed by Greenridge Realty S Rath, (231) 843-6868

Checked 1 hour agoUpdated Source

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