Address
524 Ludington Street, Escanaba, MI
Price
$ 625,000
Property Attributes
  • MLS#50218725
  • TypeCommercial
  • Listing Status Active
  • CountyDELTA
  • CityEscanaba
  • AreaEscanaba
  • NeighborhoodEscanaba
  • Zip49829
  • StyleCommercial/Industrial
  • Year Built1908
  • Taxes$ 14427
  • Price$ 625,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage25528
  • Lot Size0.72 Acres
Data Source:
MiRealSource (MIRS)
Property Description

ICONIC DOWNTOWN ESCANABA INVESTMENT OPPORTUNITY – LUDINGTON POST SUITES Own a piece of Escanaba history! The Ludington Post Suites, originally built as a U.S. Post Office, is a well-known downtown landmark offering over 25,000 sq. ft. of finished space and incredible potential for its next chapter. This impressive three-story building with a full finished basement offers endless possibilities. Transform it into luxury apartments, an upscale hotel, professional office suites, an incredible conference or event center, or a unique mixed-use development. Many offices feature beautiful views of Ludington Park and Lake Michigan, creating an opportunity for truly exceptional residential or commercial spaces. An elevator provides access to all four levels, and the property includes a side parking area along with additional parking in the rear. With its historic character, prominent downtown location, substantial square footage, and tremendous redevelopment potential, this is a rare investment opportunity in the heart of Escanaba. Property is being sold AS IS and is PRICED TO SELL! Bring your vision and make this landmark property yours today. A great investment with unlimited possibilities!

Price History
8/17/2026 Listed $625,000

General Features

Heating Forced Air,Hot Water,None
Cooling Central A/C
Zoning Commercial
Water Public Water
Status Active
Year Built 1908
Parking On Site,Parking Lot
County Delta
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Type Commercial rental
Ownership LLC
Associated Document Count 3
Status Active
Zoning Commercial
Subdivision MI
Sale/Rent For Sale
Commercial Features 220 Volt Power,Cable Internet Installed,Electric Available,Elevator(s),Handicap Elevator,Private Restrooms,Public Restrooms,Reception Area,Restroom(s),Sidewalks,Telephone,Trash Removal
Subj to Short Sale Apprvl No
Area Escanaba (21010)
Primary City Escanaba
Location Main Street
Directions 524 Ludington St Escanaba,MI
City Escanaba
Lease Y/N No
Originating MLS Upper Peninsula Assoc of Realtor
Source MLS MI Real Source
Financial Terms Cash,Conventional
Legal Description LOTS 4,5,7 & 8 & W 1/2 OF LOT 9 OF BLK 26 OF THE ORIGINAL PLAT
DOM 41
Postal Code 49829
Price Per Sq Ft Total AG 24.48
Internet Remarks Listing Agent: LORI J RYMKOS Broker: PREMIER REAL ESTATE,INC.: ICONIC DOWNTOWN ESCANABA INVESTMENT OPPORTUNITY – LUDINGTON POST SUITES Own a piece of Escanaba history! The Ludington Post Suites
Public Remarks ICONIC DOWNTOWN ESCANABA INVESTMENT OPPORTUNITY – LUDINGTON POST SUITES Own a piece of Escanaba history! The Ludington Post Suites,originally built as a U.S. Post Office

Interior Features

Basement Y/N Yes
Fuel Type Natural Gas

Exterior Features

Exterior Brick,Masonry
Body of Water Lake Michigan
Lot Size Area 0.72
Lot Dimensions 125x140.50x140.50x140
Water Features None
SEWER SEPTIC Public Sanitary
Roads City/County,Year Round
FOUNDATION TYPE Basement
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 49829

Price
AVG $590K
$630K
Taxes
AVG $5,686
$14,427
Year Built
AVG 1941
1908
Visits
AVG 95
6
Data Provided by Inside Real Estate®