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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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201 State St , Luther, MI 49656
$240,000
Est. Payment: $533.33/mo
2 Bed
1 Bath
2590 Sqft
Status: Active | Days on site: 87
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House Description

Discover the Northern Michigan lifestyle that continues to attract outdoor enthusiasts, entrepreneurs, and those seeking a true Up North escape. This distinctive rustic-chic commercial property combines character, versatility, and opportunity in a setting surrounded by some of the area's best recreation. Perfect for business owners, entrepreneurs, or anyone seeking a unique live/work environment, this property offers 2,590 sq ft of living space with central air and is currently configured as a storefront with attached residential quarters. Inside showcases soaring grand ceilings and beautiful custom touches throughout, creating a warm and inviting atmosphere filled with Northern Michigan character. The open and flexible design blends comfort and function, making it ideal for full-time living, guest accommodations, or a creative mixed-use setup. The versatile layout creates endless possibilities. 2 loft-style bedrooms, 1 bathroom, and impressive 6+ car garage with abundant room for vehicles, workshop use, storage, or recreational equipment. Operate a business while living on-site, establish a destination storefront, create office or studio space, develop short-term rental opportunities, or transform the property into a remarkable custom residence. With generous square footage and multiple-use potential, this property offers the rare combination of commercial functionality and comfortable residential living. Conveniently located within walking distance to restaurants, property also provides outstanding access to year-round recreation. Ride your recreational vehicle directly from the property to nearby ATV, SxS, trail systems and enjoy Northern Michigan adventures right from your own driveway! Hunting, fishing, hiking, and endless outdoor opportunities all close by! Business opportunity, investment property, recreational retreat, or an unforgettable place to live and work, this unique Northern Michigan property offers exceptional potential!

Highlights

Listed by Charles Hughes , 231-629-2899 and Brandy Darrow , 231-779-8088 ERA Greater North Properties , 231-779-8088.

Property Type

Residential

Lot/Acreage
0.1

Year Built

1900

County

Lake

School District

Pine River

Listing ID

26024447

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Air Cond:Central Air
Fireplaces:
Basement:Slab
Other:
  • Additional:Garage Door Opener, LP Tank Rented
Water:Well

Exterior Features

Roof:Rubber
Sewer:Septic Tank
Parking Features:Garage Faces Rear
Principal Interest
$533
Taxes
$86

Home Price

$240,000

Loan Details

30 yrs
%

Down Payment

20%
$48,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$533.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $533.33 $85.75 $0.00 $619.08
Yearly $6,400.00 $1,029.00 $0.00 $7,429.00
Total $192,000.00 $30,870.00 $0.00 $222,870.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Luther, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.