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    Luther, MI
    Live - Work Space

    Luther, MI Live-work Space for Sale

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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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    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Luther, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Live-Work Property with Outbuildings
    Live-Work Property with Outbuildings

    2601 Benzie Highway, Benzonia, MI 49616

    $275,000
    1,312 sqft 2.36 AC lot

    Office and one-bedroom residential quarters occupy the main building, with additional storage structures and on-site parking.

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    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    2601 Benzie Hwy, Benzonia, MI 49616

    $275,000
    577 sqft 2.36 AC lot

    The commercially zoned parcel combines office and residential space with two powered outbuildings and on-site parking.

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    Three-Bay Auto Shop with Studio
    Three-Bay Auto Shop with Studio

    410 S Division Street, Hersey, MI 49639

    $189,900
    3,360 sqft 0.49 AC lot

    Heated, climate-controlled repair facility with an attached studio, kitchenette, loft, and full bathroom.

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    Garage Workshop with Studio Office
    Garage Workshop with Studio Office

    410 Division, Hersey, MI 49639

    $189,900

    Multi-lot property with a heated, air-conditioned 3-bay garage and an attached studio apartment/office.

    View details

    Luther, MI Live-Work Space Market Trends and Statistics

    Explore 3 live-work space for sale in Luther, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,930 square feet of properties for sale, with an estimated market value of $480,000.

    Sale prices for live-work properties in Luther, MI average $240,000 — 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 $240K

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

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