1166 N Rath Avenue, Ludington, MI 49431 - MLS#22036248

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Alec Applebaum

aleca@hellosmarte.com +1(248) 866-8784

$499,000

Est. payment - /mo

2 Baths

12,635 SqFt

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UPDATED:

12/20/2024 04:09 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 12,635 sqft

Price per Sqft $39

Municipality Pere Marquette Twp

MLS Listing ID 22036248

Full Baths 2

Year Built 1977

Annual Tax Amount $5,246

Tax Year 2022

Lot Size 2.500 Acres

Acres 2.5

Lot Dimensions 213x511.50

Property Description

Clean and well-maintained 12,623 sq ft building on the north side of Ludington. The building is currently used as a 24 hour fitness center, it houses Ludington's Letha Fulton School of Dance, and also has provided space for gymnastics and PT, among other things. Once a racquetball club, 4 of the studio spaces are 2 stories tall with spectator windows. Could be converted into 2 floors for more training space. There is a 2000 sq ft dance studio with A/C and lots of windows. Also, a spacious area for exercise equipment for the 24 hour fitness center. Upper level has a 50x33 room, now used for gymnastics, plus a small room for PT or massage therapy. April 2023 update: PM Twp adopted this property as ''Neighborhood Commercial'' in their comprehensive plan.

Location

State MI

County Mason

Area Masonoceanamanistee - O

Direction From Ludington Ave turn North on Rath Ave and property is North of Bryant Rd

Interior

Heating Forced Air

Inclusions Real Estate

Exterior

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Building

Sewer Septic Tank

Water Public

New Construction No

Schools

School District Ludington

Others

Tax ID 53-010-010-200-010-00

Ownership LLC

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

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Listed by Greenridge Realty S Rath

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Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085