10935 Linger Longer Road
Grayling, MI, 49738 $ 1,750,000
Bedrooms-- Baths-- Sq 8,320 Monthly Estimate*
$ 10,775
for $1,750,000. This 8,320 square foot building was built in 1952 on a lot size of 5.28.
Rare opportunity to own a premier riverfront investment property on the legendary Au Sable River in Grayling. Spanning 5 gorgeous, wooded acres with over 500 feet of frontage on one of North America's most sought-after fly fishing destinations, this turnkey short-term rental business offers both lifestyle and exceptional income. The property features six fully furnished and professionally operated cabins, including five smaller cabins accommodating 4"“8 guests and one expansive lodge-style cabin that sleeps up to 20. The large cabin boasts 8 bedrooms, 3.5 baths, a fully equipped chef's kitchen, spacious dining area with adjacent bar, and a stunning stone fireplace. Guests enjoy a full suite of amenities including a game room with pool table and shuffleboard, sauna, and outdoor gathering spaces. Adding even more value is the turnkey on-site convenience store, offering beer, wine, liquor, fishing gear, ice cream, and more-creating multiple revenue streams. Above the store, a second-floor loft provides additional lodging for up to 8 guests, complete with a full kitchen, large dining area, and comfortable living space. Each cabin is equipped with satellite TV, high-speed wireless internet, and keyless entry. A fully integrated mobile management system allows for seamless remote operation, including guest check-ins/outs, access control, and security monitoring - making this an ideal investment. With top-line revenue exceeding $250,000 annually (without utilizing the loft rental), there is significant upside potential. Whether you're looking to expand your portfolio or own a trophy property in a world-class outdoor destination, this is a one-of-a-kind offering.
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FeaturesGeneralSewer SepticTank
Heating ForcedAir Propane
Cooling CeilingFans CentralAir
Roof Asphalt Metal
Construction Materials Log
Year Built 1952
Township South Branch Township
Tax Year 2024
Business Type ConvenienceStore Recreation
Waterfront Features LakePrivileges RiverFront Waterfront
County Crawford
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Building Features OutsideStorage PrivateRestrooms LivingQuartersAttached Outbuildings
Other Structures PoleBarn
Status Active
City SouthBranchTownship_Crawford
Senior Community Y/N N
High School District GerrishHiggins
Zoning Description Residential
MLS Area Area20061SouthBranchTwp
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 22853.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
Standard Status Active
Tax Assessed Value 558467
Legal Description 10 total parcels - document in Doc Box 1) 063-011-003-100-01 2) 063-011-003-100-03 3) 063-011-003-120-04 4) 063-011-003-120-03 5) 063-001-003-120-02 6) 063-011-003-120-01 7) 063-011-003-120-09 8) 063
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ExteriorParking Features Other
Water Source Well
Foundation Details Basement CrawlSpace
Spa N
Building Area Total 8320.0
Lot Dimensions irregular
Lot Size Acres 5.28
Waterfront Y/N Y
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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* Excluded FeaturesList ByHoward D EbenhoehListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $10,775
- Monthly Property Taxes
- $1,904
- Monthly 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.
Learn more about how to save NearbyCommerical listings in Grayling, MI
Average List Price $717,506
Percent of Sale Price 59%
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.
4909460 Elementary School
4909386 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/6/2026 | $1,750,000 | | Listed Price |