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1166 N Rath Ave

Ludington, MI 49431
Active | MLS #20025890 | 407 days on market
beds
Beds
baths
Baths
sq ft
Sq Ft
2
acres
Acreage
2.50
type
Business Opportunity
$580,000
$2,742/mo est*
Thomas Serio
Interested in this property?
Thomas Serio Realtor®

Home Features

heating
Heating
cooling
Cooling
waterfront
Waterfront
No
county
County
Mason
Municipality
Municipality
Pere Marquette Twp
school
School District
Ludington
calendar
Year Built
1977

Details

LOCATION OF LUDINGTON ATHLETIC CLUB AND LETHA FULTON SCHOOL OF DANCE. Currently businesses not for sale, but equipment might be possible. Unique building with lots of possibilities. Originally this building was for raquetball/tennis courts. Adapted to other uses, this 12,635 sf building can be many things. Recently two locker areas were upgraded to include a sauna. Some new ideas might be for multiple housing, health care, activity center, or the lot can accommodate some housing builds. If big spaces is important, this is it! Roof replaced recently. Building is in good condition. Be creative!
Agent: Bob BudreauPhone: 231-843-6868

Interior

Exterior

*Estimated monthly payments are based on 3.92% interest rate and 30 year loan term. Please contact your mortgage lender for a monthly payment estimate accurate to you.

Local Market Info

Balanced
Buyer's
Seller's
Ludington is currenty a
Seller's Market

A seller’s market exists when the number of home buyers exceeds the number of homes offered for sale. Sellers will benefit because high demand and low inventory will drive up prices.

Area Demographics

Demographic Icon
Total Population
8057
Demographic Icon
Population Density
2,393
/sq mi.
Demographic Icon
Median YEARLY income
$24,912
Demographic Icon
MEDIAN AGE
45
Demographic Icon
COLLEGE EDUCATED
24%
Demographic Icon
Owner/renter divide
68% / 32%

Listing Stats

+79.5%
Since last Year
Average List Price
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 100,000 100,000 200,000 200,000 300,000 300,000
+30.0%
Since last Year
Number of New Homes on Market
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 5 5 10 10
+31.9%
Since last Year
Average Sale Price
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 100,000 100,000 200,000 200,000
-64.3%
Since last Year
Number of Sold Homes
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 5 5 10 10
875 Oak Ridge Rd
Muskegon, MI 49441

Location Hours

M-F
8AM - 4PM walk ins
(Evenings By Appointment)

S-S
By Appointment Only

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