110 State Street
Grayling, MI, 49738 $ 660,000
Bedrooms3 Baths3.0 Sq 1,434 Monthly Estimate*
$ 4,118
for $660,000 with 3 bedrooms and 3 full baths. This 1,434 square foot home was built in 1942 on a lot size of 0.7.
Live on the AuSable River in Downtown Grayling â Residential Home + Lifestyle Business Opportunity----------- Discover an exceptional chance to live on the world-famous AuSable River while also owning one of Graylingâs most recognizable and successful riverfront businesses. This fully updated home sits on an adjacent lot to the iconic Carlisle Canoe Livery, offering a rare blend of comfortable residential living, walkable downtown convenience, and optional income potential just steps away.------------------ The home is beautifully remodeled and currently operates as a successful vacation rental, though it easily transitions into a full-time private residence. Enjoy modern updates, a bright and inviting interior, and peaceful views of the AuSableâone of Michiganâs most treasured waterways. River lovers will appreciate the easy access to paddling, fishing, wildlife, and all the natural beauty that defines Grayling.------------- Also included and just beyond the backyard sits the historic Carlisle Canoe Livery, a turnkey business for those seeking a unique lifestyle upgrade. The livery features over 220 feet of pristine river frontage, a charming boardwalk, and the original Carlisle buildingâwhere the modern canoe paddle was invented. All business equipment, vehicles, name, and goodwill are included for a buyer interested in continuing operations. It is the premier canoe livery in the region, known for strong profits, especially from its popular overnight canoe trips. Whether you choose to live here full time, maintain the home as a rental, operate the business yourself, or simply enjoy owning a piece of local history, this property offers unmatched flexibility and value. Walk to downtown shops and restaurants, relax by the river, and embrace the rare opportunity to combine quality residential living with a thriving, deeply rooted Northern Michigan business.
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FeaturesInteriorInterior Amenities Breakfast Nook Formal Dining Room
Basement Michigan Basement
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GeneralRoof Asphalt
Zoning Other
Sewer Municipal
Construction Frame
HOA Fee Includes None
School District Crawford Ausable School District
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ExteriorBody of Water AuSable River
Waterfront 229
Garage Capacity 0
Water Features Priv Frontage (Wtr Side) River Water View Sandy Bottom
Land Features Level
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* Excluded FeaturesList ByBerkshire Hathaway Homeservices - TcBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,118
- 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.
Learn more about how to save NearbySingle family listings in Grayling, MI
Average List Price $291,800
Percent of Sale Price 56%
About Grayling, MI 1,940 Population
-4% Since 2002
$ 36,561 Median Income
40.01 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
2034344 Elementary School
2034275 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/1/2025 | $660,000 | | Listed Price |