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201 State Street, Newkirk Township, MI 49656

VILLIAGE OF LUTHER · Lake County

Key Facts

2,590Sq Ft
1900Year Built
0.10Lot (acres)

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!

Property Information

Property Type

Commercial Sale

Year Built

1900

Living Area

2,590 sq ft

Lot Size

0.10 acres

Lot Dimensions

158 X 27

Days on Market

20

MLS® Listing#

78080068705

Property Features

Cooling

Central Air

Heating

ElectricForced AirPropane

Construction

BrickFrameVinyl Siding

Foundation

Slab

Security

Security System Owned

Utilities

Electricity Connected

Sewer

Septic Tank

Water Source

PrivateWell

Financial Details

Assessed Value

$33,600

Parcel Number

4311300800

Affordability Calculator

$49,200

Estimated monthly payment

$1,309/mo

Principal $196,800 · Est. interest $274,554 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Newkirk Township, MI

$402,634
Median Listing Price
73
Median Days on Market
1,792
Median Sq Ft
$214
Median Price / Sq Ft
11,492
Active Listings
  • This home’s price is 39% below the area median.
  • Its price per sq ft is 56% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Newkirk Township, MI.

Location

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Points of Interest in Newkirk Township, MI

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Listing Courtesy: ERA Greater North Properties - 2317798088

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