Share This Listing

Message

967 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • 68,601 SF facility with expansive floor plan and functional design for manufacturing or warehousing.
  • Clear heights of 16’ to 18’ accommodate varied operational requirements.
  • Located in an Opportunity Zone, providing potential for preferential tax treatment.
  • Seven dock-high doors and a freight elevator facilitating efficient distribution logistics.
  • Positioned on 3.9 acres across combined parcels, offering flexibility for future development.
  • Close to Ludington’s industrial hub, with access to major thoroughfares and Lake Michigan amenities.

Executive Summary

Positioned in Ludington’s established light industrial corridor, 246 Dowland offers a substantial 68,601-square-foot facility designed for manufacturing and warehousing operations. The property’s layout includes high-function space with 16’ to 18’ clear ceiling heights, seven dock-high doors, a mezzanine area served by a freight elevator, and an integrated office component. This combination of distribution efficiency and administrative convenience supports a wide range of operational requirements.
Situated on two parcels totaling 3.9 acres, the site provides flexibility for current industrial use or redevelopment potential, with water views that could align with mixed-use concepts. Located within an Opportunity Zone, this investment benefits from potential tax advantages under federal programs, adding long-term appeal for owners and developers.
Accessibility remains a defining feature, with convenient regional connectivity and proximity to Ludington’s central business district and Lake Michigan shoreline. This asset represents a rare chance to secure a large-scale, adaptable property in a market known for its manufacturing heritage and growing commercial activity.

Property Facts

Price $1,195,000
Price Per SF $17.42
Sale Type Investment or Owner User
Sale Conditions
High Vacancy Property
  • Redevelopment Project
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.57 AC
Rentable Building Area 68,601 SF
No. Stories 2
Year Built/Renovated 1910/1987
Tenancy Single
No. Dock-High Doors/Loading 7
Opportunity Zone Yes
Zoning M-1 - Light Industrial District
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
051-583-001-00
Land Assessment
$309,400
Improvements Assessment
$0
Total Assessment
$309,400
  • Listing ID: 38519870

  • Date on Market: 11/20/2025

  • Last Updated:

  • Address: 246 Dowland, Ludington, MI 49431

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}