LKV Realty
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$434,900
$2,150Reward *
509 Lake Street, Ludington, MI 49431Listing ID 22003093

509 Lake Street, Ludington, MI 49431

Contingent
MasonOceanaManistee - O
Time on site: 1658 daysLast updated: Jul 16, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
Unimproved Land
Acres
Acres
1.97
Days on Site
Days on Site
1,657

Fantastic opportunity to own investment property overlooking PM Lake and possibly Lake MI. In the heart of the waterfront district of the City of Ludington, this parcel presents so many possibilities. Nestled near marinas, fishing boat charters, and the Boat Club, this is a great time to make your entrepreneurial dreams come true. Permitted uses are multi-family residences, many types of businesses, professional offices, museums, banks, and so much more. There is room to build condos or apartments. The property is in the Opportunity Zone, which could create tax incentives for an investor.

Property Information

Property Details

Location

Address
509 Lake Street
County
Mason
City
Ludington
Zip Code
49431
Subdivision
MasonOceanaManistee - O
School District
Ludington
MLS Area
MasonOceanaManistee - O

Property Taxes

Tax Annual Amount
$2,774
Tax Year
2020
Mary Jo PungGreenridge Realty S Rath, (231) 843-6868

Market Report for 49431

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Michigan Regional Information Center, LLC
Michigan Regional Information Center, LLC logo

Information Deemed Reliable But Not Guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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