For Sale
201 State Street, Luther, MI 49656
$246,000
MLS # 26024447 (Michigan Regional Information Center (MichRIC))
2 beds1 bath2,590 sqftBuilt 19000.1 acres
1 / 97
Listing 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.
Source: SparkMLS
About this home
Located in Luther Village in Luther, this property offers 2-bedroom, 1-bath, 2,590 sq ft, with original construction dating to 1900.
Currently offered at $246,000 (about $95/sq ft).
Property tax estimate: $1,029 per year ($86/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Great Lakes Energy Cooperative.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area2,590 sqft
Lot Size0.1 acres
Year Built1900
Stories2
Location
CityLuther
MunicipalityLuther Vlg-Newkird Twp
Zip Code49656
CountyLake
School DistrictPine River
Construction & Systems
StyleOther
ConstructionBrick, Vinyl Siding
BasementSlab
Garage6 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
UtilitiesHigh-Speed Internet
InteriorGarage Door Opener, LP Tank Rented
Sale & Financing
Listed5/22/2026
Original Price$250,000
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$1,029
Tax Year2024
State Equalized Value$84,200
Taxable Value$32,373
Assessed Value$32,373
Homestead (PRE)1%
Parcel #43-113-008-00
Source: Public Records
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.
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Charles Hughes
ERA Greater North Properties
Frequently Asked Questions about 201 State Street, Luther, MI 49656
What school district is 201 State Street, Luther, MI 49656 in?
Per MLS# 26024447, this property is served by Pine River. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 201 State Street, Luther, MI 49656?
Per MLS# 26024447, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26024447, the most recent reported annual property tax for 201 State Street, Luther, MI 49656 is $1,029 (2024). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 201 State Street, Luther, MI 49656 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Great Lakes Energy Cooperative. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Luther Vlg-Newkird Twp police department or the Lake County sheriff's office.
Map
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Monthly payment$1,596
Principal & interest$1,596
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Great Lakes Energy Cooperative
Co-op
MI Public Service Commission service territory boundaries.
Property
201 State Street, Luther, MI 49656
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Municipality
Luther Village
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