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    Luther, MI

    Luther, MI Commercial Real Estate for Sale

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    14 properties
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    Mixed-Use Property with Storefront
    Updated: May 22
    Mixed-Use Property with Storefront

    201 State Street, Luther, MI 49656

    $240,000
    3,670 sqft 0.10 AC lot
    3,670‑square‑foot mixed‑use property with storefront and attached residential quarters
    2 loft‑style bedrooms and 1 bathroom
    6+ car garage for vehicles, workshop use, storage, or recreational equipment
    Soaring ceilings, custom interior finishes, and central air
    Built in 1900 with vinyl siding, forced‑air heat, and a rubber roof
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    Mixed-Use Property with Garage
    Updated: May 22
    Mixed-Use Property with Garage

    201 State Street, Luther, MI 49656

    $240,000
    2,590 sqft 0.10 AC lot
    2,590 square feet with storefront and attached residential quarters
    6+ car garage with room for vehicles, workshop use, storage, or recreational equipment
    2 loft‑style bedrooms and 1 bathroom
    Central air and soaring interior ceilings
    0.1‑acre property at 201 State Street, Luther, MI 49656
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    Waterfront Land With Lodge
    Waterfront Land With Lodge

    3943 N Skookum Road, Luther, MI 49656

    $3,900,000
    22,755 sqft 670.00 AC lot

    Private lake frontage, wooded acreage, trails, and established buildings support retreat, hospitality, and recreational concepts subject to approvals.

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    Mission-Ready Campus for Behavioral Health, Addiction Recovery, Veteran Programs or Nonprofit Retreats
    Mission-Ready Campus for Behavioral Health, Addiction Recovery, Veteran Programs or Nonprofit Retreats

    3943 Skookum Rd, Luther, MI 49656

    $6,200,000
    22,000 sqft 670.00 AC lot

    670-Acre Private Lakefront Institutional Campus | Ideal for Behavioral Health, Nonprofit Retreat, Veteran Programs or Residential Treatment

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    Mixed-Use Campus with Private Lake
    Mixed-Use Campus with Private Lake

    3943 N Skookum Road, Luther, MI 49656

    $5,900,000
    22,755 sqft 668.82 AC lot

    Wooded campus includes lodging, residential buildings, and a private lake.

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    Fenced Agricultural Land with Greenhouses
    Fenced Agricultural Land with Greenhouses

    2957 N State Road, Luther, MI 49656

    $249,500
    10.00 AC lot

    Improved rural acreage includes engineered greenhouse infrastructure, a well, gated fencing, and septic groundwork.

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    Lakeside Resort Campus
    Lakeside Resort Campus

    3943 N Skookum Road, Luther, MI 49656

    $5,900,000
    22,755 sqft 668.82 AC lot

    Wooded hospitality campus with guest accommodations, gathering areas, residential buildings, and extensive private recreational amenities.

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    168 Acre Hospitality Property
    168 Acre Hospitality Property

    9239 E 8 Mile Rd, Luther, MI 49656

    $1,189,000
    3,000 sqft 168.00 AC lot

    168 Acre Northern Michigan Start Up Campground

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    Mission-Ready Campus for Behavioral Health, Addiction Recovery, Veteran Programs or Nonprofit Retreats
    Mission-Ready Campus for Behavioral Health, Addiction Recovery, Veteran Programs or Nonprofit Retreats

    3943 Skookum Rd, Luther, MI 49656

    $6,200,000
    22,000 sqft 670.00 AC lot

    670-Acre Private Lakefront Institutional Campus | Ideal for Behavioral Health, Nonprofit Retreat, Veteran Programs or Residential Treatment

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    Private Retreat Campus with Private Lake
    Private Retreat Campus with Private Lake

    3943 N Skookum Road, Luther, MI 49656

    $5,900,000
    22,755 sqft 670.00 AC lot

    Private campus with a lodge, guest suites, multiple residential buildings, trails, and a 45–50 acre lake for program uses.

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    Versatile Commercial Property with Living Space
    Versatile Commercial Property with Living Space

    201 State Street, Luther, MI 49656

    Contact for pricing
    3,670 sqft

    Unique live/work property with storefront, residential quarters, and large garage.

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    Perfect Lodge, Retreat, Medical or Religious Center Turnkey and Ready to go!!
    Perfect Lodge, Retreat, Medical or Religious Center Turnkey and Ready to go!!

    Luther Michigan, Luther, MI 49656

    $6,200,000
    20,000 sqft 670.00 AC lot

    Residential Treatment / Retreat Campus Opportunity Northern Michigan

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    Perfect Lodge, Retreat, Medical or Religious Center Turnkey and Ready to go!!
    Perfect Lodge, Retreat, Medical or Religious Center Turnkey and Ready to go!!

    Luther Michigan, Luther, MI 49656

    $6,200,000
    20,000 sqft 670.00 AC lot

    Residential Treatment / Retreat Campus Opportunity Northern Michigan

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    Northern Michigan Hospitality and Lifestyle Property
    Northern Michigan Hospitality and Lifestyle Property

    9239 E 8 Mile Rd, Luther, MI 49656

    Contact for pricing
    168.00 AC lot

    168-acre property near Manistee National Forest with income-producing structures.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 14 Active listings in Luther, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Flex Building With Pull-Through Bays
    Flex Building With Pull-Through Bays

    5408 S M 37, Baldwin, MI 49304

    $129,900
    1,260 sqft 1.00 AC lot

    Versatile building with office, restroom, basement, and separate storage shed on a one-acre parcel near M-37.

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    Flex Building With Workshop
    Flex Building With Workshop

    11406 E 8th Street, Reed City, MI 49677

    $249,000
    12,000 sqft 2.60 AC lot

    Versatile commercial facility combining finished office support areas with a powered workshop and covered storage.

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    Auto Shop with Two Service Bays
    Auto Shop with Two Service Bays

    2748 W US Highway 10, Baldwin, MI 49304

    $350,000
    3,800 sqft 7.00 AC lot

    Freestanding automotive property with reception space, vehicle display parking, and a separate storage building.

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    Rolling Farmland with Wooded Area
    Rolling Farmland with Wooded Area

    00 E 40th Street, Reed City, MI 49677

    $175,000

    Rural acreage offers open ground, wooded terrain, and potential for farming or future construction.

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    Off-Market Properties in Luther, MI

    Consider similar Off-Market properties in Luther, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    626 Luther St
    COMMERCIAL (GENERAL)

    626 Luther St, Luther, MI 49656-5102

    Estimated value:
    $200,000
    0.56 AC lot
    View details
    4191 5th Mile Rd
    COMMERCIAL (GENERAL)

    4191 5th Mile Rd, Luther, MI 49656-8429

    Estimated value:
    $75,000
    10.09 AC lot
    View details
    201 State St
    COMMERCIAL (GENERAL)

    201 State St, Luther, MI 49656-9803

    Estimated value: by Request
    0.09 AC lot
    View details
    300 State St
    COMMERCIAL (GENERAL)

    300 State St, Luther, MI 49656-8408

    Estimated value: by Request
    0.18 AC lot
    View details
    207 State St, Unit UP
    COMMERCIAL (GENERAL)

    207 State St, Luther, MI 49656-9803

    Unit UP
    Estimated value: by Request
    0.13 AC lot
    View details
    209 State St
    COMMERCIAL (GENERAL)

    209 State St, Luther, MI 49656-9803

    Estimated value: by Request
    0.13 AC lot
    View details
    Luther, MI 49656
    COMMERCIAL (GENERAL)

    Luther, MI 49656

    Estimated value:
    $150,000
    View details
    650 Linden St
    COMMERCIAL (GENERAL)

    650 Linden St, Luther, MI 49656

    Estimated value:
    $170,000
    View details
    614 State St
    VACANT COMMERCIAL LAND

    614 State St, Luther, MI 49656-9274

    Estimated value: by Request
    0.20 AC lot
    View details

    Luther, MI Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Luther, MI, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 187,950 square feet of properties for sale, with an estimated market value of $48,318,500.

    Sale prices for business properties in Luther, MI start at $240,000, averaging $4,026,541, and reaching up to $6,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,111
    Population Growth (5Y) +30.6%
    Median Household Income $55,781
    College Educated 13.3%

    High-Yield Neighborhoods for Investment

    Identify Luther submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49656 $4M

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

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