• -- Beds
  • -- Baths
  • 38,690 sq ft
  • -- lot
  • $975,000
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The Historic House of Ludington located in downtown Escanaba, MI across Ludington street from a lovely public park on the shores of Lake Michigan's Little Bay de Noc. This building provides a multitude of business opportunity with a historical site that has current income in several facets and opportunities for additional income streams. Currently, the building has 14 long-term apartment rentals along with 7 guest rooms rented on a nightly basis. There is a bar area, the Lud Bar, which seats 65. A main dining room seats 56 with a side dining area that has a huge fireplace, access to a courtyard, and views of the bay. A grand ballroom seats 230 with a private bar and dance floor within the ballroom. This space also has access to another private courtyard with lake views. Weddings, meetings, conventions, anything you can think of is possible and the 7 guest rooms allow lodging on site. Several of these rooms have expansive views over the park of the Lake and they have a classic and unique feel. A huge commercial kitchen has everything needed to run a large scale dining and catering operation. The upper two levels contain the guest rooms and apartments. There is an elevator as well as a main stairway access leading up from the lobby. The main entrance opens into a formal lobby with a front desk and sitting area. The current owners have converted a gift shop area into a residential "apartment" which has a nice living area, bedroom, private bath, kitchen, and large walk-in closet. This is a great chance to invest in a income property with a historical side to it that is the landmark property of the area.
MLS #1124131Days on Market28
Last Updated11/1/2020Year Built1864
TractMICommunityEscanaba C
CountyDeltaStatusActive
Property Type(s)Commercial

Additional Features & Details

AIR CONDITIONING
  • Central
ALLOW EXPORT
  • Yes
AMENITIES
  • Central Air Conditioning
  • Exh.Fan/Hood-vent to ext
  • Fenced Yard-Owned
  • Foyer
  • Hardwood floor
  • Original Woodwork
BASEMENT
  • Full
CABLE
  • Yes
Class
  • COMMERCIAL/INDUSTRIAL
CONSTRUCTION
  • Conventional Frame
Deeded Water Access
  • None
ELECTRIC
  • Yes
EXTERIOR
  • Brick
FOUNDATION
  • Poured
GREEN FEATURES
  • None
HEAT
  • Natural Gas Hot Water
MISC. COMMERCIAL
  • Elevator
  • License
  • Lighting
  • Liquor License
  • Living Space
  • Restroom(s)
  • Roof Sign
  • Street Parking
MLS ID
  • North Central MLS
NATURAL GAS
  • Yes
NEGOTIABLE ITEMS
  • None
OUTBUILDINGS
  • None
POSSESSION
  • Negotiable
  • Tenants Rights
PROPANE TANKS
  • N/A
RENTAL OPTIONS
  • No Rental Available
ROAD ACCESS
  • Year Round
ROAD TYPE
  • Public
SEWER
  • City
SHORELINE
  • Not Applicable
Street Designation
  • St
SUPPLEMENTAL HEAT
  • Pellet Stove
TELEPHONE
  • Yes
Trailside
  • No
Type
  • Business Incl. Building
WATER
  • City
Water View
  • Great Lake
Waterfront
  • None
WOODED
  • None

Walk Score for: 223 Ludington St, Escanaba, MI

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Listing courtesy of ROB SULLIVAN, NORTHERN MICHIGAN LAND BROKERS

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