110 E Michigan Avenue Grayling, MI $ 315,000
110 E Michigan Avenue
$ 315,000
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110 E Michigan Avenue

Grayling, MI, 49738
$ 315,000
Bedrooms-- Baths-- Sq 2,396

Monthly Estimate*

$ 2,176

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Commercial Property for sale in Grayling, MI

for $315,000. This 2,396 square foot building was built in 1903 on a lot size of 0.07.

The historic Salling, Hanson & Co. building in the heart of downtown Grayling was extensively renovated in 2025. Ground level retail/office space (1,512 sq ft) includes refinished wood floor, exposed brick, original pressed tin 12’ ceiling, updated lighting/electrical, new windows, and plenty of natural light. The former vault room with arched ceiling can be used as an office or storage. A bright open-concept 2nd floor residential loft is leased as a corporate apartment until April 30. Short term rentals are allowed. Zoning allows for conversion of the rear first floor space to residential. Parking with room to expand to the rear. Partial basement. Roof warranty to 2031 is transferable to buyer. DDA liquor license available. Easy access to the city park on the Au Sable River from the rear entrance and central to Northern Michigan outdoor recreation. Great live/work or investment opportunity. This location will benefit from momentum in downtown Grayling including the recently completed $18M mixed-used Sawmill Lofts with 40 apartments. Access to I-75 will help future area growth which includes a new 100k sq. ft. Saab manufacturing/engineering facility.

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Commercial Active

Price

$ 315,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.07

Year Built

1903

Town/City

Grayling

County/Region

Crawford

MLS | Web ID

1952505

Features
General
Sewer Public Sewer
Heating Hot Water Natural Gas
Cooling Window Unit(s) Ductless Electric
Possession Close Of Escrow Subject To Tenant Rights
Roof Membrane
Construction Materials Brick
Year Built 1903
Township Grayling
Property Subtype Retail
Business Type Professional/Office Retail Other
Accessibility Accessible Entrance
Assoc Fee Paid Per Annually
Business Name None
County Crawford
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name None
Garage Y/N N
Building Features 12ft Ceiling Height
Rent Includes None
Status Active
Directions South side of Michigan Ave west of N James St/M 72 E.
City Grayling
Zoning Description Office Retail Commercial Restaurant/Food
Lot Size Units Acres
Lot Size Square Feet 3049.2
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Virtual Tour https://my.matterport.com/show/?m=1qhEuA6Mvh1&brand=0 https://my.matterport.com/show/?m=1qhEuA6Mvh1
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 92600
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description COM AT THE NW'LY COR OF LOT 3 BLOCK 17 ORIGINAL PLAT OF THE VILLAGE (NOW CITY) OF GRAYLING BEING THE INTERSECTION OF THE N'LY LINE OF LOT 3 WITH E'LY LINE OF MICHIGAN AVE TH SW'LY ALG LOT LINE 36 FT
Freehold VOW BBO IDX
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Interior
Basement Crawl Space Michigan Basement
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Other On Street
Lot Features Freestanding Interior Lot
Water Source Public
Lot Size Area 0.07
Spa N
Lot Dimensions 27 X 118
Lot Size Acres 0.07
Other Parking Other Street Parking
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Three West, Llc

Broker

(231) 620-2128

Phone

Affordability Calculator

$2,176
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,176
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
11/12/2026$315,000 Listed Price

Map


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110 E Michigan Avenue, Grayling, MI, 49738 is a Commercial Property for sale at $315,000 with 2,396 sqft and a lot size of 0.07. 110 E Michigan Avenue was built in 1903. The property's zip code is 49738 which is in Grayling, MI