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Mixed-Use Property with Garage
For Sale
$240,000

201 State Street, Luther, MI 49656

Commercial, Luther, MI

Property Size2,590 SF
Lot Size0.10 Acres
Price / SF$92.66
Days on Market138

Property Features for 201 State Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Not Zoned
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Assigned
Exterior features Vinyl, Brick
Lot features Corner Lot
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 / business is on the left. GPS - Rustic Lilly, Luther
Subdivision Lake
Standard status Active
Size 2,590 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax 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.
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.

Utilities

Water source Private

Amenities

central air
garage
soaring grand ceilings

Building Details

Building materials Brick, Frame
Roof type Membrane
Listing Agency: ERA Greater North Properties · ERA Real Estate
Listed By: Brandy Darrow
Added: May 22 Changed: Aug 20 Last Checked: Oct 6 at 9:06AM
MLS# 1945600

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property at 201 State Street combines a storefront with attached residential quarters across 2,590 square feet. The interior includes 2 loft-style bedrooms, 1 bathroom, central air, soaring ceilings, and custom details. A 6+ car garage adds substantial room for vehicles, workshop activities, storage, or recreational equipment.

The property occupies 0.1 acres in Luther, Michigan, with restaurants within walking distance and access to nearby ATV, SxS, and trail systems. Brick and frame construction, vinyl and brick exterior finishes, a membrane roof, private water, and assigned parking complete the existing improvements. The flexible arrangement supports business operations alongside on-site living, subject to applicable approvals.

Key Highlights

  • 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

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Auto Repair Shop Storage Facility Grocery & Convenience Store Computer & Electronic Repair Gym & Fitness Center Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby

Demographics for 49656, MI

1,535
Population
1,612
Households
1
Avg Household Size
52
Median Age
11%
College-Educated
87%
High-School Grad
117.3 sq mi
ZIP Area
13
Density / Sq Mi
$55,781
Median Household Income
$31,515
Median Earnings
$922
Median Rent
$120,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Storefront space with attached residential quarters supports an on-site live-work configuration.
Where is this mixed-use property located?
The property is located at 201 State Street Luther, MI.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 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
More about this property
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