201 State St - Specialty FOR SALE


Luther, MI 49656
$246,000 USD
231-388-2378
201 State St, Luther, MI for Sale
$246,000 USD
Specialty - FOR SALE
1/1
null | Request Cap Rate

201 State St
Luther, MI 49656


HIGHLIGHTS

  • Rustic-chic design with distinctive Northern Michigan character and adaptable open floor plan.
  • Combination of storefront and residential quarters providing flexible live/work potential.
  • Two loft-style bedrooms and one bathroom complementing versatile layout options.
  • Oversized six-plus car garage suitable for workshops, storage, or recreational vehicles.
  • Excellent access to year-round outdoor recreation, including ATV trails, hiking, and fishing.
  • Conveniently located within walking distance of restaurants and local amenities.

OVERVIEW

Experience the unmatched charm of Northern Michigan with this distinctive rustic-chic commercial property that blends character, versatility, and modern convenience. Offering approximately 2,590 square feet of living space, the property features an impressive open-plan design that is both functional and inviting. Its current configuration as a storefront paired with attached residential quarters creates a rare live/work opportunity, appealing to business owners, investors, or those seeking a creative mixed-use setup. Inside, soaring grand ceilings, custom finishes, and warm natural character create a vibrant, adaptable environment. The layout includes two loft-style bedrooms, a well-appointed bathroom, and abundant possibilities for customization. A standout feature is the large six-plus car garage, providing extensive storage for vehicles, recreational gear, or workshop space. This unique asset supports a wide range of uses, from retail and studio concepts to short-term rental ventures or full custom residential conversion. Set within walking distance to local dining and close to Northern Michigan’s extensive recreational amenities, the property offers direct access to ATV and trail networks. Whether used as a business hub, investment property, or recreational retreat, this property combines lifestyle and value in one exceptional package.

FOR SALE DETAILS

PRICE

$246,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

43-113-008-00

ASK ABOUT THIS PROPERTY

Brandy DarrowERA Greater North PropertiesMore Info
231-388-2378

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Brandy DarrowERA Greater North PropertiesMore Info
231-388-2378

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.