1853 W Old M-63
Luther, MI, 49656 $ 725,000
Bedrooms-- Baths1.0 Monthly Estimate*
$ 4,464
for $725,000 with 1 full bath. The lot size is 6.05.
Check out North River's Lodge in Luther, Michigan! Nestled in the heart of the scenic Manistee National Forest, these restored early 20th-century log cabins overlook the serene Little Manistee River. The Lodge offers traditional dry fly fishing for native brook, resident rainbow, and wild brown trout. Miles of trails are available for hiking, mountain biking, snowshoeing, cross-country skiing, snowmobiling, and ATV riding, with direct trail access from the lodge. This property is centrally located in Michigan's prime river country. Canoe, kayak, or raft the nearby Pere Marquette, Pine, Manistee, and Big Sable Rivers, along with their cold, spring-fed tributaries. Exploration opportunities within this expansive wilderness are endless! The current owners have invested thousands of hours in restoration, bringing the entire compound to its present condition. Six separate cabins comfortably accommodate a range of guest numbers, each meticulously maintained. Additional buildings support various needs, including a fly shop, storage, and the main owner's quarters with an office, living space, and bedrooms. The operation has been profitable and successful, with financials available upon request. If you're looking for a premier, successful business opportunity that captures the essence of Northern Michigan's great outdoors with phenomenal trout fishing right at your fingertips, this is one to consider!
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FeaturesGeneralSewer Septic Tank
Heating Forced Air Radiant
Utilities Electricity Available Electricity Connected Propane
Possession Negotiable
Construction Materials Wood Siding
Year Built 0
Township Peacock Twp
Property Subtype Business
Tax Year 2024
Business Type Other Recreation
Waterfront Features River
County Lake
New Construction N
Property Type Commercial Sale
Full Baths 1
Status Active
Directions From Baldwin head North on M-37 for 10.8 miles. Then head East on W Old M 63 for .14 miles. Property will be on the South side of the road.
City Luther
Body of Water Little Manistee Riv
High School District Baldwin
Number Of Units Total 6
MLS Area West Central - W
Lot Size Units Acres
Lot Size Square Feet 263538.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 2976.57
Lease Renewal Y/N N
MLS Area Minor West Central - W
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 0
Ownership Type LLC
Legal Description All that Part W 1/2 NW 1/4 lying South of Old Hwy M-63 & North of Little Manistee River EXC Easterly 200'.
Senior Community None
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ExteriorWater Source Well
Inclusions Real Estate Furniture
Lot Size Area 6.05
Number of Buildings 6
Spa N
Building Area Total 0.0
Lot Dimensions IRR
Lot Size Acres 6.05
Road Surface Type Paved
Waterfront Y/N Y
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
Private Frontage True
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InteriorTotal Stories 1
Basement (Y/N) N
Heating Y/N Y
Total Baths 1
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* Excluded FeaturesList ByTerraquest Real Estate & Land CompanyBroker
max@terraquestrealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,464
- Monthly Property Taxes
- $248
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Luther, MI
Average List Price $3,462,500
Percent of Sale Price 378%
About Luther, MI 333 Population
1% Since 2002
$ 35,021 Median Income
48.04 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
248770 Elementary School
249065 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/7/2026 | $725,000 | | Listed Price |