10978 E Eight Mile Rd, Luther, MI, 49656
About This Home
Versatile two-story commercial building offering a unique opportunity for a variety of future uses. Located in the village of Bristol, close to Luther, this solid structure is ready for its next chapter—whether as a commercial space, single-family residence, or duplex conversion. Major updates were completed in 2016, including a new roof, foundation improvements, and electrical upgrades, providing a strong starting point for redevelopment. Recent additional improvements of $54,000 include new well, demo work, insulation, camper pad, fencing and more!! The current owners have approved plans in place for conversion to a duplex, allowing a buyer to move forward with a clear vision and defined path. The township has no local zoning restrictions, subject only to county and state requirements, offering flexibility for investors, owner-occupants, or business users with creative plans. The building is mostly vacant and ready for the next use. Images showing the duplex conversion are enhanced renderings intended to illustrate potential use and layout. There is also an additional storage building in the rear. An excellent opportunity for those seeking a value-add project with multiple end-use options in a convenient location, within miles of the Manistee National Forest, Little Manistee River, Pine River and ATV trail heads/miles of trails.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1897
Materials
- Foundation: Other
- Roof: Metal/Steel
- Construction materials: Frame,Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: None
Features
- Fireplace features: None
Heating & Cooling
- Heating features: Baseboard,Gravity,Floor Furnace
- Cooling features: Electric
Interior Area
- Total structure area: 2,788
- Total interior livable area: 2,788 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 430102301700
- Attached to another structure: Yes
- Zoning description: Not Zoned
Features
- Levels: Two
- Stories: 2
- Waterfront features: None
Lot
- Lot size: 0.50 Acres
- Lot size dimensions: 160 x 160
Parking
- Parking features: Detached,RV Access/Parking
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Winter Weather
- Lightning
- Cold Wave
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Lake County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $500 | $6,000 |
| Home Insurance * | $52 | $624 |
| Property Taxes | $66 | $792 |
| Electricity | $304 | $3,649 |
| Total | $922 | $11,064 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-02 | Listed for sale | $129,000 |
| 2024-01-19 | Sold | $71,000 |
| 2023-11-03 | Price change | $89,000 |
| 2023-05-17 | Listed for sale | $99,000 |
View on Zillow