215 N Jebavy Dr 4,300 SF 100% Leased Office Building Ludington, MI 49431 $315,000 ($73.26/SF)

This offering presents a fully leased, three-unit office building positioned on a 0.86-acre site along one of Ludington’s busiest corridors. Built in 1989, the property spans 3,980 square feet and includes 112 feet of direct frontage on North Jebavy Drive, ensuring strong visibility and easy access. The building is currently occupied by a single tenant, generating immediate income for investors.
The site features ample paved parking at the front, with room in the rear for expansion, storage, or additional spaces if required. The competitive price point is well below replacement cost, offering a cost-effective entry into the Ludington market. Utilities include public water and sewer, natural gas, electricity, phone, and cable connectivity, supporting a variety of potential future uses.
Located minutes from US-10, the property provides convenient access to Ludington’s core retail hubs, services, and residential neighborhoods. The Ludington area benefits from steady population and commercial activity, supported by tourism and local employment bases. This asset represents a strong investment opportunity with attractive fundamentals and flexible appeal for long-term hold strategies.