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 Sq 2,590

Monthly Estimate*

$ 1,539

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Commercial Property for sale in Luther, MI

for $250,000 with 1 full bath. This 2,590 square foot 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

$ 0

Style

Lot Size

0.1

Year Built

1900

Town/City

Luther

County/Region

Lake

MLS | Web ID

1945600

Features
General
Sewer Private Sewer
Heating Forced Air Propane
Cooling Central Air Electric
Possession Negotiable
Roof Membrane
Security Features Security System
Construction Materials Brick Frame Vinyl Siding
Year Built 1900
Township Newkirk
Property Subtype Mixed Use
Business Type Retail
Accessibility None
Assoc Fee Paid Per Annually
Business Name The Rustic Lilly
County Lake
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Villiage of Luther
Garage Y/N N
Rent Includes None
Status New
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
Zoning Description Not Zoned
Lot Size Units Acres
Lot Size Square Feet 4356
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 33600
Ownership Type Private Owner
Lease Amount Frequency Annually
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 13 VILLAGE OF LUTHER.
Year Built Effective 2025
Freehold IDX
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Exterior
Parking Features Assigned Common Other
Lot Features Corner Lot
Water Source Private
Lot Size Area 0.1
Foundation Details Slab
Spa N
Lot Dimensions 158 X 27
Lot Size Acres 0.1
Road Surface Type Asphalt
Other Parking Assigned Common Other
Waterfront Y/N N
Door Features Overhead Door(s)
Road Responsibility Public Maintained Road
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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* Excluded Features
List By
Era Greater North Properties

Broker

Home: 231-388-2378

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Affordability Calculator

$1,539
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
--
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
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/23/2026$250,000 Listed Price

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201 State Street, Luther, MI, 49656 is a Commercial Property for sale at $250,000 with 2,590 sqft and 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