1010 W North Down River Road Grayling, MI ^$ 800,000

1010 W North Down River Road

^$ 800,000

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1010 W North Down River Road

Grayling, MI, 49738

^$ 800,000

Bedrooms-- Baths-- Sq 11,872

Monthly Estimate*

^$ 4,926

1010 W North Down River Road, Grayling, MI 49738 - Image 1

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1010 W North Down River Road, Grayling, MI 49738 - Image 7

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Commercial Property for sale in Grayling, MI

for $800,000. This 11,872 square foot building was built in 1971.

This large medical office building offers an attractive CAP Rate and fresh lease with a solid tenant. It's in excellent condition with a recent membrane roof and updated mechanicals. 14 exam rooms, 5 offices, 2 procedure rooms, waiting area and typical support infrastructure. Half of the basement is finished as additional office space. Serious parties may review the related documents with a NDA.

Commercial Active

Price

^$ 800,000

Property Type

Commercial

Taxes

^$ 0

Style

Business

Year Built

1971

Town/City

Grayling

County/Region

Crawford

MLS | Web ID

80060326

Features

General

Heating Forced Air

Cooling Central A/C

Possession Long Term Tenant

Water Public Water

Status Active Active

Year Built 1971

Subdivision City of Grayling MI

County Crawford

Class COM/IND/BUS OPP

Type Business

Business Name Not Applicable

Ownership Corporation

Municipality Grayling Twp

Section 9

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Commercial Features ADA Accessible Other Security Syetem Owned

Area Grayling Twp (20003)

Primary City Grayling

Directions From I-75 Business Loop East on North Down River Rd to subject on south side.

City Grayling

Financial Terms Cash Conventional

Legal Description Entire Block 9 Roffee's Addition to the Village (now City) of Grayling

DOM 165

Postal Code 49738

Price Per Sq Ft Total AG 67.39

Public Remarks This large medical office building offers an attractive CAP Rate and fresh lease with a solid tenant. It's in excellent condition with a recent membrane roof and updated mechanicals. 14 exam rooms

Exterior

Exterior Brick Frame

Lot Size Area 0

Lot Dimensions 360x240x180x250x55 appr

Interior

Fuel Type Natural Gas

* Excluded Features

List By

TODD JANSEN

Listing Agent

Century 21 Realty North-Houghton Lk

Broker

Todd@ToddJansen.com

Affordability Calculator

$4,926

Per Month

Monthly Principal & Interest: $4,926
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Grayling, MI

Average List Price ^$711,545

Percent of Sale Price 11%

About Grayling, MI

1,940 Population

-4% Since 2002

^$36,561 Median Income

40.01 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/31/2025	$800,000		Listed Price

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1010 W North Down River Road, Grayling, MI, 49738 is a Commercial Property for sale at $800,000 with 11,872 sqft. 1010 W North Down River Road was built in 1971. The property's zip code is 49738 which is in Grayling, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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1010 W North Down River Road

Commercial Property for sale in Grayling, MI

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