502 W Loomis Street, Ludington, MI 49431 (MLS# 24012749)

502 W Loomis Street, Ludington, MI 49431

$570,000

Property Type: Commercial Sale Square Footage: 6,980 Lot Size (sq. ft.): 14,000 Status: Sold

Current Price: $570,000 List Date: 3/05/2026 Last Modified: 3/06/2026

Overview

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

Supplements: here for someone with vision to write the next chapter in this culinary legacy.

Listing Details MLS# 24012749

Location Property Info

County: Mason
Street #: 502
Street Direction: W
Street Name: Loomis
Suffix: Street
State: MI
Zip Code: 49431
Zip (4): 2068

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.32
Lot Square Footage: 14000
Lot Dimensions: 100 x 140
Year Built: 1988
Road Frontage: 240
Total # Units: Yes
# Fin Bldg Lvls: Yes
Total # Bldgs: Yes
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
Seller's Annual Property Tax: 35162
Tax Year: 2023
Spec Assessment & Type: None Known
Non-Conforming Use: No
Zoning: WM-2

Remarks Misc

Directions: From Ludington Ave: S on Lewis, W on Loomis. Parking lot on the immediate right.

Status Change Info

Under Contract Date: 2025-08-18
Sold Date: 2026-03-05
Sold Price/SqFt: 81.66

More Information

Additional Details

Total Parking Spaces: 48

Waterfront Options

Water Frontage: 200

Property Features

Property Use: Business SqFt Information: Security System Water Type: Lake 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 Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer 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 Possession: Close Of Escrow

Listing Office: GREENRIDGE Realty Ludington

Listing Agent: Bob Budreau

Last Updated: March - 06 - 2026

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