Price Reduction
Address
201 State Street, Luther, MI
Price
$ 240,000
Property Attributes
  • MLS#26024447
  • TypeSingle Family
  • Listing Status Active
  • CountyLAKE
  • CityLuther
  • AreaLuther Vlg-Newkird Twp
  • NeighborhoodLuther Vlg-Newkird Twp
  • Zip49656
  • Style
  • Year Built1900
  • Taxes$ 1029
  • Price$ 240,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage2590
  • Lot Size0.1 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

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!

Price History
5/23/2026 Listed $250,000
6/8/2026 2$246,000
8/17/2026 3$240,000

General Features

Sewer Septic Tank
Heating Forced Air
Cooling Central Air
Utilities High-Speed Internet
Possession Negotiable
Roof Rubber
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
Garage Spaces 6.0
Architectural Style Other
Construction Materials Brick,Vinyl Siding
Year Built 1900
Stories Count 2
Township Luther Vlg-Newkird Twp
Property Subtype Single Family Residence
Tax Year 2024
Ownership Private Owned
County Lake
New Construction No
Property Type Residential
Attached Garage No
Garage Y/N Yes
Total Rooms 6
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
Lot Size Units Acres
Lot Size Square Feet 4356.0
Carport Y/N No
Listing Terms Cash
Land Lease Y/N No
Tax Annual Amount 1029.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 32373
MobileHomeRemainsYN No
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.
Senior Community None

Interior Features

Interior Amenities Garage Door Opener,LP Tank Rented
Basement Slab
Flooring Other
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Common Area,In Unit,Main Level
Total Bedrooms 2
Total Baths 1

Exterior Features

Parking Features Garage Faces Rear
Water Source Well
Lot Size Area 0.1
Spa No
Building Area Total 2590.0
Lot Dimensions 158' X 27'
Lot Size Acres 0.1
Road Surface Type Paved
Waterfront Y/N No
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 49656

Price
AVG $510K
$240K
Taxes
AVG $3,224
$1,029
Year Built
AVG 1973
1900
Visits
AVG 13
93
Data Provided by Inside Real Estate®

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