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Home502 W Loomis Street, Ludington, MI 49431 (MLS#...
$1,750,000
502 W Loomis Street
Ludington, MI 49431
MLS# 24012749
6980 sqft
502 W Loomis Street, Ludington, MI 49431
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502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431 502 W Loomis Street, Ludington, MI 49431

Property Description
Nestled in the heart of Ludington, Michigan, overlooking the picturesque Marina and the serene expansion of Pere Marquette Lake merging into the grandeur of Lake Michigan, lies the Crown and Cork restaurant--an iconic destination renowned for its upscale ambiance and dining experience. Spanning almost 7000 sqft, this culinary gem has been meticulously furnished, and curated with up-to-date technology over the past 3 years reflecting a commitment to excellence. With its expansive dining area, well-appointed bar, and private dining rooms, the Crown and Cork offers versatility and potential for growth, catering to a diverse array of clientele and special events. Whether it's a dinner for two, a lively gathering of friends, an elegant corporate event, or a catered event, the opportunity is

Details
Maps
Location & Property Info
County: Mason
Street #: 502
Street Direction: W
Street Name: Loomis
Suffix: Street
State: MI
Zip Code: 49431
Zip (4): 2068
Cross Streets: Lewis
Property Sub-Type: Business Opportunity
Area: MasonOceanaManistee - O
Municipality: Ludington
Principal Road: Yes
Ownership Type: Corporate Owned
Office/Contract Info
Status: Active
Current Price: $1,750,000
List Price: $1,750,000
Auction or For Sale: For Sale
List Price/SqFt: 250.72
Prop Avail for Lease?: No
Sub Agency: 3
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2024-03-15
Current Bldg Use: Restaurant
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.64
Lot Square Footage: 27878
Lot Dimensions: 200 x 140
Year Built: 1988
Road Frontage: 340
Total # Units: 1
# Fin Bldg Lvls: 1
Total # Bldgs: 1
Total SqFt: 6980
Total Net SqFt: 6980
Property Use Type: Business
Full Baths: 3
Waterfront: Yes
Body of Water: Pere Marquette Lake
School District: Ludington
Statewide Lakes & Rivers: Pere Marquette Lake
Tax Info
Tax ID #: 051-105-260-00
Taxable Value: 575500
SEV: 575500
For Tax Year: 2023
Annual Property Tax: 35162
Tax Year: 2023
Spec Assessment & Type: None Known
Non-Conforming Use: No
Zoning: WM-2
Remarks & Misc
Legal: ORIGINAL PLAT LOTS 9, 10, 11 & 12, BLOCK 49
Directions: From Ludington Ave: S on Lewis, W on Loomis. Parking lot on the immediate right.
Additional Details
Total Parking Spaces: 48
Waterfront Options
Water Frontage: 200
Property Features
Property Use: Business
Water Type: Lake
Water Fea. Amenities: All Sports; Channel; View
Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Restaurant; Retail
Ownership: LLC
Business Includes: Equipment; Furniture; Inventory; Licenses; Real Estate
Construction Type: Frame/Wood
Exterior Material: Wood Siding
Roofing: Composition
Below Grade: None
Additional Features: Fire Sprinkler; Security System
Sewer: Public
Water: Public
Utilities Attached: Cable; Electric; Natural Gas; Telephone
Util Avail at St: Broadband; Cable; Electric; Natural Gas; Public Sewer; Public Water; Storm Sewer; Telephone
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Asphalt; Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Supplements
here for someone with vision to write the next chapter in this culinary legacy.

Listing Office: GREENRIDGE Realty-Ludington

Listing Agent: Bob Budreau

Last Updated: March - 20 - 2024

502 W Loomis Street, Ludington, MI 49431 - MLS# 24012749
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