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200 W Ludington St
Iron Mountain, MI 49801

$1,127,500 USD

Office For Sale  •  4,180 SF

Property Details

  • Property Type Office
  • Total Building Size 4,180 SF
  • Lot Size 0.24 AC
  • Building Class C
  • Year Built 1936
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
77 Walk Score

Highlights

Long-Term Single Tenant Master lease through 2033, offering steady income with zero landlord responsibilities.
Strong Guaranty: Backed by Pacific Wind Group and PWA Management LLC, with a proven track record in commercial property operations.
12% Yield: Rare chance to invest with a 12% yield, acting as an equity partner with guaranteed income and full land ownership.
Added Security: A 3-year personal guaranty provides extra protection alongside the corporate guaranty.
High-Growth Area: Located in a revitalizing community with major business and residential expansions, ensuring long-term value.
Hunter Steffien 949-221-1814 Faris Lee Investments
Hunter Steffien 949-221-1814 Faris Lee Investments