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About the Listing 108749 - UP6158
Prime commercial opportunity in the heart of downtown Escanaba! Located right on the main street of downtown Escanaba, the true heartbeat of the community, this incredible commercial offering presents endless potential at an unbeatable price. This property consists of three buildings (two combined) offering well over 8,000 square feet of main-level commercial space. The visibility, foot traffic, and central location make this a rare investment opportunity in a thriving downtown district. Upstairs, you’ll find over 6,000 square feet ready for your vision to come to life. Much of the heavy lifting has already been done (demo work is complete in many areas) leaving a mostly blank canvas for redevelopment, additional residential units, office suites, or creative space. Above 1107, there is an existing two-bedroom residential apartment currently generating strong rental income of $985 a month. This is a perfect opportunity to have immediate cash flow while you bring your larger plans to fruition. Please note: The unfinished portions of the second floor are currently in a demoed state and are considered hazardous. For your safety, do not cross the yellow caution tape during showings. Opportunities like this with size, location, income potential, and price do not come along often!!! Whether you’re an investor, developer, or entrepreneur looking to make a mark in downtown Escanaba, this property is ready for its next chapter.
Listing Highlights
Status
Active
Days on Site
18
Property Type
Commercial Sale
MLS ®
50207281
Year Built
1900
Total Square Footage
15,116
Lot/Acreage
0.24
County
Delta
Area
Escanaba (21010)
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Boiler
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 15116
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 75X140
- Zoning: Commercial
- Roof: Rubber
- Others:
- Sewer: Public Sanitary
- Parking Features: Municipal
Financial Details
- Tax Amount: $2,787
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
1107 And 1109 Ludington Escanaba, MI 49829
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