Skip To Content

    111 W Ludington Avenue

    Ludington, MI 49431
    • $1,400,000
    • STATUS: Active
    • ON SITE: 254 days
    • ID#: 71020046469
    UPDATED: 65 min ago
    $1,400,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,172
      SQFT
    • $125
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1955
    County:
    Area:
    Zoning:
    Other
    Lot Size Dimensions:
    67 X 139

    School Ratings & Info

    School District:

    Description

    Unique opportunity to own 3 liquor-licensed locations in Ludington. With gross receipts of approximately $2.3 million at every year end since 2016, and a 60+ year history of serving the Ludington market with two newer venues added in the last 10 years, this has been a steady operation in its Lake Michigan community.Location one is a TRADITIONAL SPORTSBAR AND GRILL, offering pizza sandwiches and wings, in addition to beer, wine and liquor. This location has been in operation since 1955 and garners tremendous community support.Location two was established in 2011, has focused its theme on the Michigan community and offers MADE IN MICHIGAN CRAFT BEERS, CRAFT WINES AND SPIRITS.

    Monthly Payment Calculator



    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-19T18:56:08.683.
    www.nexushomesearch.com/homes/113084444
    Print Image

    111 W Ludington Avenue Ludington, MI 49431

    • Price: $1,400,000
    • Status: Active
    • Updated: 65 min ago
    • ID#: 71020046469
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    11,172
    SQFT
    $125
    $/SQFT
    1955
    Built
    Neighborhood:
    Ludington
    County:
    Mason
    Area:
    Ludington
    School District:
    LUDINGTON
    Property Description
    Unique opportunity to own 3 liquor-licensed locations in Ludington. With gross receipts of approximately $2.3 million at every year end since 2016, and a 60+ year history of serving the Ludington market with two newer venues added in the last 10 years, this has been a steady operation in its Lake Michigan community.Location one is a TRADITIONAL SPORTSBAR AND GRILL, offering pizza sandwiches and wings, in addition to beer, wine and liquor. This location has been in operation since 1955 and garners tremendous community support.Location two was established in 2011, has focused its theme on the Michigan community and offers MADE IN MICHIGAN CRAFT BEERS, CRAFT WINES AND SPIRITS.
    Exterior Features

    Construction Materials Block/Concrete/MasonryBrick Foundation Details Basement Lot Size Dimensions 67 X 139 Road Frontage Feet 67 Road Frontage Type Paved

    Interior Features

    Heating Cooling Forced Air Heating Fuel Natural Gas Room Count 0

    Property Features

    Business Licenses Other Commercial Type Business And Real EstateBusiness Opportunity Current Use Bar & Restaurant Inventory Included YN Yes Listing Financing CashConventional Postal City Ludington Settlement City Sewer Sewer-SanitarySewer At Street Short Sale Unknown Tax Amount Summer 11174.0000 Title Corporate/Relocation Total Tax 11174.0000 Unparsed Address 111 W Ludington Avenue Water Source 3rd Party UnknownMunicipal WaterWater At Street Year Remodeled 2011 Zoning Other

    IDX provided courtesy of Realcomp II Ltd., via Capstone Real Estate Llc and West Michigan Lakeshore AOR MLS, ©2021 Realcomp II Ltd. Shareholders.


    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-19T18:56:08.683.
     
    https://bt-photos.global.ssl.fastly.net/michigan/orig_boomver_1_484735124-2.jpg https://bt-photos.global.ssl.fastly.net/michigan/orig_boomver_1_484735124-2.jpg https://bt-photos.global.ssl.fastly.net/michigan/orig_boomver_1_484735124-2.jpg
    Logo
    RE/MAX Nexus
    255 E. Brown St - Suite 205
    Birmingham MI, 48009