$694,900

1024 I-75 Business, Grayling, MI 49738

  • 24 baths |
  • 10,261 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon4.86acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $68/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

The possibilities are endless with this well-maintained gem. Located in Grayling, the gateway of the North. Minutes from Gaylord, MI, and an easy drive to Traverse City. Grayling, MI, is a small town that is experiencing some nice growth due to the Air Force Base, New Restaurants, New housing developments, etc. It makes a great place to stay with its proximity to the tip of the Mitt, and both NE & NW Michigan. This 22-unit motel has been very well maintained throughout the years, with a steady stream of patrons. Owned and cared for for over 30 years, it's time to hand the investment over to a new owner. Situated on 4.86 acres, on a main thoroughfare, with easy access to I-75, but set back enough for a peaceful setting. It features: a standalone building with 7 kitchenette units, that could be used for long term rental, for a constant cash flow, plus an 1800 sq ft home connected to the main motel, that features: a large master suite, cathedral ceilings, and a large kitchen and living area. Lots of parking, a large maintenance building that could be used for on-site laundry, and more. Priced accordingly for some of the decor that could use an update. All showings must present an approval letter or proof of funds.

Listing Status:
Pending
Date Added:
October 31, 2025 at 05:00AM
Listing Office:
EXP Realty LLC : 269-600-4397
Listing Agent:
Thomas A Rumble : 616-250-6751
MLS ID:
25053532
  • General: High Speed Internet
  • A/C: Wall Unit(s)
  • Heating: BaseboardRadiant
  • Roofing: Composition
  • General: Aluminum SidingSlab
  • Road/Access: Paved
  • Originating MLS: Michigan Regional Information Center (MichRIC)
  • School District: Grayling
  • County: Crawford
  • Zoning: LL on File @ Listing office07000700500101
  • Utilities: Electricity ConnectedNatural Gas Connected
  • Water: Public
  • Sewer: Public SewerSeptic Tank
  • Source: Michigan Regional Information Center (MichRIC)
  • Ownership: Private Owned

This listing courtesy of Thomas A Rumble, EXP Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Grayling Middle School

500 Spruce St, Grayling, MI, 49738

Grades 5-8

0.44 miles away

G

Grayling Middle School

500 Spruce St, Grayling, MI, 49738

Grades 5-8

0.44 miles away

G

Great Lakes Online Education

1135 N Old 27, Grayling, MI, 49738

Grades KG-12

2.20 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.