1205 Ludington
Escanaba, MI 49829
MLS #1104169

Commercial
  • 14,792sq ft
$599,000
Est. P&I payment: $2287.77/mo
1205 Ludington, Escanaba, MI 49829
  • 1205 Ludington, Escanaba, MI 49829 Photo 1
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  • 1205 Ludington, Escanaba, MI 49829 Photo 8
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Description for 1205 Ludington, Escanaba, MI 49829
Commercial Buildings on Ludington Street Downtown, Escanaba, originally built in 1971 with major renovations done in 1981 when they added the drive-thru building across the street. This sale includes 4 parcels, the bank building, drive-thru building and 2 parking lots along with on street parking. The main bank building has 14,407 sq feet on main level, a large open lobby/teller lobby with 20' ceilings and conference rooms, offices and public rest rooms, file storage areas, to access the lower level there are several staircases and one elevator, lower level consists of 14,407 sq feet, storage areas, work rooms, employee fitness area, his and her locker rooms, women and men's restrooms and an additional rest room, break room with full kitchen, 2 vaults, conference rooms, training rooms, and some unfinished office spaces. Main bank is heated by both zoned natural gas forced air and central air conditioning and hot water baseboard heat. The drive-thru building, built in 1981, is not currently in use. Has 385 sq ft and one unisex bathroom, and is heated by natural gas forced air and central air conditioning. Total lot sizes of all 4 parcels combined give you .87 of an acre of commercial land in the Heart of Escanaba. The total square footage of main bank building including lower level is 28,814, and drive-thru building 385 square feet. The parking lots are 50x160 and 45x125. Potential opportunity for current occupant to lease bak 2,500 sq. ft. with lease terms available.
MLS #1104169
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My Notes for MLS #1104169

General Features

  • Approx. Year Built: 1971
  • Number of Levels: 2
  • Total Number of Buildings: 2

Exterior Features

  • Exterior: Masonry,​Stucco,​Other
  • Lot Dimensions: 125x140,​ 50x140,​ Con't
  • Outbuildings: None

Interior Features

  • Basement: Full
  • Est.Total Building SQFT: 14,792

Utility Features

  • Air Conditioning: Central
  • Cable: Available
  • Electric: Yes
  • Heat: Natural Gas Forced Air,​Natural Gas Hot Water
  • Natural Gas: Yes
  • Sewer: City
  • Supplemental Heat: None
  • Telephone: Available
  • Water: City

Financial Features

  • Association Fee: None
  • Financing Options: None
  • Price Per SQFT: 40.49
  • Rental Options: No Rental Available

Community Features

  • Body of Water: None
  • Ski Resort Name: None

Miscellaneous Features

  • Business Type: Comm. Building No Busines
  • Construction: Conventional Frame
  • Foundation: Block,​Poured
  • Road Access: Year Round
  • Shoreline: Not Applicable
  • Water View: None
  • Waterfront: None
  • Wooded: None

Location

 
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Directions to 1205 Ludington, Escanaba, MI 49829
*1205 Ludington St, 1123 Ludington St, 1214 1st Ave S. & 114 S 12th St, Escanaba
The listing information for 1205 Ludington, Escanaba, MI 49829 was graciously provided by our friends at the listing brokerage, PREMIER REAL ESTATE, INC.

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P&I Payment $2287.77
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on U.P. Riverland Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. U.P. Riverland Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 01/18/2018 at 1:58am
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