267 S I-75 Business Loop Grayling, MI $ 1,025,000
267 S I-75 Business Loop
$ 1,025,000
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267 S I-75 Business Loop

Grayling, MI, 49738
$ 1,025,000
Bedrooms-- Baths-- Sq 8,947

Monthly Estimate*

$ 6,395

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Commercial Property for sale in Grayling, MI

for $1,025,000. This 8,947 square foot building was built in 1970 on a lot size of 4.29.

This turnkey opportunity is a highly desirable commercial offering in the heart of Grayling, Michigan, presenting the chance to acquire both an established motor lodge business and real estate. The current owners have cultivated a successful operation and an outstanding reputation over more than 20 years, positioning the property for continued success. The versatile accommodation mix on 4.29 acres, features a total of 20 well-maintained guest rooms with 33 beds across multiple structures, including standard motor lodge rooms and two unique cabin units, with additional space available for two recreational vehicles. For an owner-operator, a comfortable 1,400 square foot house is included, complete with two bedrooms, the potential for a non-conforming third room, one bathroom, and an attached motor lodge office for efficient for centralized management. An on-site workshop aids in keeping the property in excellent condition. A commitment to quality is evident through consistent maintenance and recent capital improvements, such as updated bathrooms, flooring, the installation of keyless entry systems, and enhanced security measures. The property's well-landscaped grounds maximize the guest experience, featuring desirable amenities like a picnic pavilion with a grill, a playground area, and various recreational activities. This location offers high visibility and exposure, benefiting from a Michigan Department of Transportation average daily traffic count of 1,213. Zoning information can be found at: www.twp.grayling.mi.us/zoning-ordinances. Showings are by appointment only. To ensure the continuity of business operations, please refrain from discussing this listing with the employees.

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Commercial Active

Price

$ 1,025,000

Property Type

Commercial

Taxes

$ 0

Style

Hospitality

Lot Size

4.29

Year Built

1970

Town/City

Grayling

County/Region

Crawford

MLS | Web ID

1939153

Features
General
Roof Asphalt Metal
Zoning Commercial Motel/Hotel
Sewer Private Septic
Construction Frame
Energy Efficient Not Applicable
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Interior
Basement Partial Slab
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Exterior
Exterior Features Wood
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* Excluded Features
List By
Century 21 Northland

Broker

(231) 534-4753

Phone

Affordability Calculator

$6,395
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,395
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2025$1,025,000 Listed Price

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267 S I-75 Business Loop, Grayling, MI, 49738 is a Commercial Property for sale at $1,025,000 with 8,947 sqft and a lot size of 4.29. 267 S I-75 Business Loop was built in 1970. The property's zip code is 49738 which is in Grayling, MI