201 State Street Luther, MI $ 250,000
201 State Street
$ 250,000
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201 State Street

Luther, MI, 49656
$ 250,000
Bedrooms-- Baths1.0

Monthly Estimate*

$ 1,539

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Commercial Property for sale in Luther, MI

for $250,000 with 1 full bath. This building was built in 1900 on a lot size of 0.1.

Discover the Northern Michigan lifestyle that continues to attract outdoor enthusiasts, entrepreneurs, and those seeking a true Up North escape. This distinctive rustic-chic commercial property combines character, versatility, and opportunity in a setting surrounded by some of the area's best recreation. Perfect for business owners, entrepreneurs, or anyone seeking a unique live/work environment, this property offers 2,590 sq ft of living space with central air and is currently configured as a storefront with attached residential quarters. Inside showcases soaring grand ceilings and beautiful custom touches throughout, creating a warm and inviting atmosphere filled with Northern Michigan character. The open and flexible design blends comfort and function, making it ideal for full-time living, guest accommodations, or a creative mixed-use setup. The versatile layout creates endless possibilities. 2 loft-style bedrooms, 1 bathroom, and impressive 6+ car garage with abundant room for vehicles, workshop use, storage, or recreational equipment. Operate a business while living on-site, establish a destination storefront, create office or studio space, develop short-term rental opportunities, or transform the property into a remarkable custom residence. With generous square footage and multiple-use potential, this property offers the rare combination of commercial functionality and comfortable residential living. Conveniently located within walking distance to restaurants, property also provides outstanding access to year-round recreation. Ride your recreational vehicle directly from the property to nearby ATV, SxS, trail systems and enjoy Northern Michigan adventures right from your own driveway! Hunting, fishing, hiking, and endless outdoor opportunities all close by! Business opportunity, investment property, recreational retreat, or an unforgettable place to live and work, this unique Northern Michigan property offers exceptional potential!

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Commercial Active

Price

$ 250,000

Full Bath

1

Property Type

Commercial

Taxes

$ 1,029

Style

Retail

Lot Size

0.1

Year Built

1900

Town/City

Luther

County/Region

Lake

MLS | Web ID

26024451

Features
General
Sewer Septic Tank
Heating Forced Air
Cooling Central Air
Utilities Electricity Connected Cable Connected Propane
Possession Negotiable
Roof Rubber
Construction Materials Vinyl Siding Brick
Year Built 1900
Township Luther Vlg-Newkird Twp
Property Subtype Retail
Tax Year 2024
Business Type Other Retail
County Lake
New Construction N
Property Type Commercial Sale
Full Baths 1
Status Active
Directions From US-131 take Exit 162 for Luther / Le Roy (14 Mile Road). Turn west onto 14 Mile Rd / Luther Rd to Luther. Stay on this road for approximately 12 mins / 10 miles. As you come into town home / bus
City Luther
High School District Pine River
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4356.0
Listing Terms Cash
Land Lease Y/N N
Tax Annual Amount 1029.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 32373
Legal Description LOT 8 EXP THE N 39FT THEROF; AND PART OF LOT 7 DES AS BEG AT SE COR THEREOF; W 25FT N 30FT E 25FT S 30FT TO POB BLK
Senior Community None
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Exterior
Water Source Well
Inclusions Real Estate
Lot Size Area 0.1
Foundation Details Slab
Number of Buildings 1
Spa N
Building Area Total 3670.0
Lot Dimensions 158' X 27'
Lot Size Acres 0.1
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2590
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 1
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Internal Only
Street Number 1 201
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* Excluded Features
List By
Era Greater North Properties

Broker

charleshughesrealestate@gmail.com

Email

Affordability Calculator

$1,625
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$86
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.
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Nearby
250123 Elementary School
250931 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/23/2026$250,000 Listed Price

Map


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201 State Street, Luther, MI, 49656 is a Commercial Property for sale at $250,000 with a lot size of 0.1. 201 State Street has 1.0 baths and was built in 1900. The property's zip code is 49656 which is in Luther, MI