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    Luther, MI Retail Properties & Spaces for Sale

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    Reed City, MI Leroy, MI Irons, MI
    Mixed-Use Retail Live-Work Property
    $246,000
    2,590 SF
    Mixed-Use Retail Live-Work Property

    201 State Street, Luther, MI 49656

    Storefront with attached residential quarters and central air, supported by loft-style bedrooms and a 6+ car garage.
    • Versatile live/work property with 2,590 sq ft, suitable for business, residence, or mixed‑use.
    • Impressive 6+ car garage for vehicles, workshop, storage, or recreational equipment.
    • Direct access to ATV/SxS trail systems and year‑round outdoor recreation.
    • Located within walking distance to restaurants.
    • Features soaring ceilings, custom touches, and loft‑style bedrooms.
    Updated: May 22
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    Live-Work Storefront with Garage
    $246,000
    3,670 SF
    Live-Work Storefront with Garage

    201 State Street, Luther, MI 49656

    Storefront configuration with attached residential quarters, central air, soaring ceilings, and a large garage for vehicles and gear.
    • Versatile live/work property with 2,590 sq ft, suitable for business, residence, or mixed‑use.
    • 6+ car garage offers ample space for vehicles, workshop, storage, or recreational equipment.
    • Direct access to ATV/SxS trail systems and year‑round outdoor recreation from the property.
    • Unique rustic‑chic design with soaring ceilings and custom touches.
    • Convenient location within walking distance to restaurants.
    Updated: May 22
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    Storefront Live-Work with Residential Quarters
    $246,000
    2,590 SF
    Storefront Live-Work with Residential Quarters

    Versatile storefront configuration with attached living space and central air, plus ample garage space for vehicles and gear.

    201 State Street, Luther, MI 49656

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    Versatile Commercial Property with Living Space
    $250,000
    3,670 SF
    Versatile Commercial Property with Living Space

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

    201 State Street, Luther, MI 49656

    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Luther, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Auto Body Shop with Expansion
    $499,900
    7,555 SF
    Auto Body Shop with Expansion

    7,555 sq ft auto body shop on 4 acres.

    9941 210th Avenue, Reed City, MI 49677

    View details
    Baldwin Commercial Property on US10
    $350,000
    3,800 SF
    Baldwin Commercial Property on US10

    High-visibility commercial property on 4 acres in Baldwin, Michigan.

    2748 W US Highway 10, Baldwin, MI 49304

    View details
    Commercial Land in Richmond Township
    $399,000
    4.00 Acres
    Commercial Land in Richmond Township

    Over 4 acres of prime commercial land for sale.

    4608 Mackinaw Trail, Reed City, MI 49677

    View details
    Baldwin Commercial Property on US10
    $180,000
    0.84 Acres
    Baldwin Commercial Property on US10

    Commercial property on US10 with high visibility and accessibility.

    1234 Washington St, Baldwin, MI 49304

    View details

    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.

    Commercial Land Near US 131
    $399,000
    12.75 Acres
    Commercial Land Near US 131

    Commercial land parcel with high visibility and frontage along US 131.

    5235 S 220th Avenue, Reed City, MI 49677

    View details
    Turnkey Restaurant with Waterfront Views
    $774,000
    5,136 SF
    Turnkey Restaurant with Waterfront Views

    Profitable restaurant with waterfront views and seating in Cadillac, MI.

    2403 Sunnyside Drive, Cadillac, MI 49601

    View details
    Turn-Key Waterfront Restaurant
    $774,000
    5,136 SF
    Turn-Key Waterfront Restaurant

    A high-traffic Cadillac restaurant with waterfront water views, including interior seating and seasonal deck dining.

    2403 Sunnyside Drive, Cadillac, MI 49601

    View details
    240 Acres Prime Development Property
    $599,900
    240.00 Acres
    240 Acres Prime Development Property

    240 acres of prime development property in Cadillac, Michigan.

    Cadillac, MI 49601

    View details

    Luther, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 4 retail properties & spaces for sale in Luther, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,520 square feet of properties for sale, with an estimated market value of $988,000.

    Sale prices for stores in Luther, MI start at $246,000, averaging $247,000, and reaching up to $250,000 — 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

    Storefront properties 4

    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 $214.8K

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

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