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


$570,000
502 W Loomis Street
Ludington, MI 49431
MLS# 24012749
Status: Sold
6980 sqft


502 W Loomis Street, Ludington, MI 49431
  1 / 6  
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
OfficeContract Info
Status: Sold
Current Price: $570,000
List Price: $1,300,000
Listing Date: 2024-03-15
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: 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
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: $570,000
Sold Price/SqFt: 81.66
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
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 - 06 - 2026

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

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


  • Featured Agent


    $570,000
    502 W Loomis Street
    Ludington, MI 49431
    MLS# 24012749
    Status: Sold
    6980 sqft


    502 W Loomis Street, Ludington, MI 49431
      1 / 6  
    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
    OfficeContract Info
    Status: Sold
    Current Price: $570,000
    List Price: $1,300,000
    Listing Date: 2024-03-15
    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: 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
    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: $570,000
    Sold Price/SqFt: 81.66
    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
    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 - 06 - 2026

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

    The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


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