1024 I-75 Business Grayling, MI ^$ 694,900

1024 I-75 Business

^$ 694,900

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1024 I-75 Business

Grayling, MI, 49738

^$ 694,900

Bedrooms-- Baths-- Sq 10,261

Monthly Estimate*

^$ 4,279

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Commercial Property for sale in Grayling, MI

for $694,900. This 10,261 square foot 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,

Commercial Pending

Price

^$ 694,900

Property Type

Commercial

Taxes

^$ 7,879

Style

Business

Lot Size

4.86

Year Built

1950

Town/City

Grayling

County/Region

Crawford

MLS | Web ID

70500183

Features

General

Heating Baseboard Radiant

Roof Composite

Status Pending Pending

Year Built 1950

Parking 21+ Spaces

County Crawford

Class COM/IND/BUS OPP

Type Business

Municipality Grayling

Sale/Rent For Sale

Status Detail 0

Commercial Features Furniture Outside Storage

Area Grayling (20008)

Directions I-75 from Gaylord. Use Down River Rd. Exit. West to business I-75 to the address.

City Grayling

Financial Terms Cash Conventional

Legal Description LL on File @ Listing office

DOM 19

Price Per Sq Ft Total AG 67.72

Public Remarks 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

Exterior

Exterior Aluminum Block Frame Wood

Frontage 999

Lot Size Area 4.86

Lot Dimensions Irregular

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Thomas Rumble

Listing Agent

Exp Realty Llc

Broker

rprg.corp@gmail.com

Affordability Calculator

$4,935

Per Month

Monthly Principal & Interest: $4,279
Monthly Property Taxes: $657
Monthly Home Insurance: --

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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 ^$687,988

Percent of Sale Price 1%

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
10/17/2025	$694,900		Listed Price

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1024 I-75 Business, Grayling, MI, 49738 is a Commercial Property for sale at $694,900 with 10,261 sqft and a lot size of 4.86. 1024 I-75 Business was built in 1950. 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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1024 I-75 Business

Commercial Property for sale in Grayling, MI

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