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$499,000
1166 N Rath Avenue
Ludington, MI 49431
MLS# 22036248
12635 sqft


1166 N Rath Avenue, Ludington, MI 49431
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1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431 1166 N Rath Avenue, Ludington, MI 49431

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.

Details
Maps
Documents
Location & Property Info
County: Mason
Street #: 1166
Street Direction: N
Street Name: Rath
Suffix: Avenue
State: MI
Zip Code: 49431
Cross Streets: Bryant Rd and W Timber Lane
Property Sub-Type: Retail/Commercial
Area: MasonOceanaManistee - O
Municipality: Pere Marquette Twp
Office/Contract Info
Status: Active
Current Price: $499,000
List Price: $499,000
Auction or For Sale: For Sale
List Price/SqFt: 39.49
Prop Avail for Lease?: No
Sub Agency: 3
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2022-08-22
Current Bldg Use: Health Club/Dance studio
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 2.5
Lot Square Footage: 108900
Lot Dimensions: 213x511.50
Year Built: 1977
Road Frontage: 213
Mineral Rights: Unknown
Total # Units: 1
# Fin Bldg Lvls: 2
Total # Bldgs: 1
Total SqFt: 12635
Property Use Type: Business
Full Baths: 2
Waterfront: No
School District: Ludington
Tax Info
Tax ID #: 53-010-010-200-010-00
Taxable Value: 108400
SEV: 108400
For Tax Year: 2022
Annual Property Tax: 5246.78
Tax Year: 2020
Spec Assessment & Type: NA
Non-Conforming Use: Yes
Zoning: R-1
Remarks & Misc
Legal: see attached
Directions: From Ludington Ave turn North on Rath Ave and property is North of Bryant Rd
Waterfront Options
Water Access Y/N: No
Property Features
Uses: Recreation
Ownership: LLC
Business Includes: Real Estate
Construction Type: Frame/Wood
Roofing: Composition
Sewer: Public
Water: Public
Utilities Attached: Electric; Natural Gas
Util Avail at St: Electric; Natural Gas; Telephone
Heat Source: Natural Gas
Heat Type: Forced Air
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Aerial Photo
Sale Conditions: None

Listing Office: Greenridge Realty S Rath

Listing Agent: Mary Jo Pung

Last Updated: February - 19 - 2024

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