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    Luther, MI
    Mixed-Use

    Luther, MI Mixed-use Properties 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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    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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    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 9 Potential Opportunities for your consideration. Besides 3 Active listings in Luther, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Freestanding Mixed-Use Building
    Freestanding Mixed-Use Building

    210 N Main St, Evart, MI 49631

    $199,900
    689 sqft

    Two-unit property combining commercial space with a separately entered apartment and parking accessible from Main Street and the rear alley.

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    Freestanding Mixed-Use Property
    Freestanding Mixed-Use Property

    210 N Main Street, Evart, MI 49631

    $199,900
    689 sqft 0.08 AC lot

    Two-unit building combining commercial space with a separately entered apartment and parking access from Main Street and the rear alley.

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    Historic Mixed-Use Building
    Historic Mixed-Use Building

    117 N Mitchell Street, Cadillac, MI 49601

    $975,000
    12,135 sqft 0.14 AC lot

    Three-story property with retail and office suites, elevator access, and separately metered utilities.

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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    216 S Mitchell Street, Cadillac, MI 49601

    $219,000
    3,300 sqft 0.10 AC lot

    Commercial space occupies the main level, with two residential apartments above in a downtown Cadillac setting.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Wooded Waterfront Land with Pond
    Wooded Waterfront Land with Pond

    7746 N Woodbridge Road, White Cloud, MI 49349

    $79,900
    10.06 AC lot

    Wooded acreage with pond access, M-37 frontage, and utilities onsite for weekend use or development options.

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    Prime Riverfront Development Opportunity
    Prime Riverfront Development Opportunity

    906 N State St, Big Rapids, MI 49307

    $500,000
    4.00 AC lot

    4+ acres with 250+/- feet of Muskegon River frontage.

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    Luther, MI Mixed-Use Properties Market Trends and Statistics

    Explore 3 mixed-use properties for sale in Luther, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 29,015 square feet of properties for sale, with an estimated market value of $6,380,000.

    Sale prices for multi use buildings in Luther, MI start at $240,000, averaging $2,126,666, and reaching up to $5,900,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Live-work space 3

    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 $2.1M

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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