11425 W Ludington Drive, Lake, MI

Multi-family for Sale - $650,000 - 3,368 Sq. Ft.


Agent Info

Jane Ann Palmer
CENTURY 21 Signature Realty

Property Info

CIMLS#1141480
Location
  11425 W Ludington Drive
  Lake MI 48632
UpdatedMarch 6th, 2024
TypeMulti-family
Price$650,000
Building3,368 Sq. Ft.

Property Description

The Possibilities are ENDLESS with this turn key business. High visibility with great location just west of Farwell on US 10/Ludington drive in western Clare County. The Rails to Trails runs through the property, so there is all kinds of foot/biking traffic as well. This 44 acre property is currently used as a campground, with 84 total camp sites; 66 of the sites have access to utilities. There is a total gross building area of 13,104 SF, with 2,704 sq ft of that designated to the Pavilion which includes bathrooms and a kitchen area. Also included in the gross building area is a 1508 sq ft home/bunk house that could service grounds keeper or owners. There is an additional 2200 sq ft storage barn, as well as several other smaller buildings, totaling 5 in all. Also on the property is a large 30x60 3ft to 9ft deep inground heated pool with updates done in 2022 with new cover. Think Big! Other possible uses for this property could be an Event Venue, some type of outdoor restaurant-BBQ, or Food Truck site. Additional rustic camping sites or Yurts could possibly be added.


Financials