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1024 I-75 Business Grayling, MI $ 694,900
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$ 694,900 Get more info
1024 I-75 Business
$ 694,900
Back to search
Share Save

1024 I-75 Business

Grayling, MI, 49738
$ 694,900
Bedrooms-- Baths24.0

Monthly Estimate*

$ 4,335

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Commercial Property for sale in Grayling, MI

for $694,900 with 24 full baths. This building was built in 1950 on a lot size of 4.86.

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.

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Commercial Pending

Price

$ 694,900

Full Bath

24

Property Type

Commercial

Taxes

$ 7,879

Style

Business

Lot Size

4.86

Year Built

1950

Town/City

Grayling

County/Region

Crawford

MLS | Web ID

25053532
Features
Interior
Interior Amenities Broadband
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 24
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General
Sewer Septic Tank
Heating Baseboard Radiant
Cooling Wall Unit(s)
Utilities Natural Gas Connected Electricity Connected
Possession See Remarks
Roof Composition
Construction Materials Aluminum Siding
Year Built 1950
Township Grayling
Property Subtype Business
Tax Year 2024
Ownership Private Owned
Business Type Other
County Crawford
New Construction N
Property Type Commercial Sale
Building Features Outdoor Storage
Full Baths 24
Status Pending
Directions I-75 from Gaylord. Use Down River Rd. Exit. West to business I-75 to the address.
City Grayling
High School District Grayling
Number Of Units Total 22
MLS Area Outside MichRIC Area - Z
Lot Size Units Acres
Lot Size Square Feet 211702.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 7879.0
Lease Renewal Y/N N
MLS Area Minor Outside MichRIC Area - Z
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Availability Date 2025-10-17
Standard Status Pending
Occupancy Type Owner
Tax Assessed Value 140908
Ownership Type Proprietorship
Legal Description LL on File @ Listing office
Senior Community None
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Exterior
Total Parking 40.0
Inclusions Real Estate Inventory Furniture Equipment
Lot Size Area 4.86
Foundation Details Slab
Number of Buildings 3
Spa N
Building Area Total 10261.0
Lot Dimensions Irregular
Lot Size Acres 4.86
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1024
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* Excluded Features
List By
Exp Realty Llc

Broker

rprg.corp@gmail.com

Email

Affordability Calculator

$4,992
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,335
Monthly Property Taxes
$657
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
4602446 Elementary School
4602444 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/17/2025$694,900 Listed Price

Map

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1024 I-75 Business, Grayling, MI, 49738 is a Commercial Property for sale at $694,900 with a lot size of 4.86. 1024 I-75 Business has 24.0 baths and was built in 1950. The property's zip code is 49738 which is in Grayling, MI

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