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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 Sq 10,261

Monthly Estimate*

$ 4,335

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Commercial Property for sale in Grayling, MI

for $694,900 with 24 full baths. 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,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

BusinessandRealEstate

Lot Size

4.86

Year Built

1950

Town/City

Grayling

County/Region

Crawford

MLS | Web ID

65025053532
Features
General
Sewer PublicSewer SepticTank
Heating Baseboard NaturalGas Radiant
Cooling WallUnits
Utilities ElectricityConnected NaturalGasConnected
Possession SeeRemarks
Roof Composition
Construction Materials AluminumSiding Block Frame WoodSiding
Year Built 1950
Property Subtype BusinessandRealEstate
Tax Year 2024
Ownership Proprietorship
County Crawford
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Garage Y/N N
Building Features OutsideStorage Furniture
Status Pending
Directions I-75 from Gaylord. Use Down River Rd. Exit. West to business I-75 to the address.
City GraylingCity_Crawford
Disclosures InventoryIncluded NonConformingZoning
Senior Community Y/N N
High School District CrawfordAusable
Number Of Units Total 22
MLS Area Area20042Grayling
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 7879.0
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 Pending
Occupancy Type Owner
Tax Assessed Value 140908
Ownership Type SoleProprietor
Legal Description LL on File @ Listing office
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Exterior
Parking Features Aggregate Asphalt Paved
Water Source Public
Total Parking 40.0
Lot Size Area 211702.0
Foundation Details None 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
Other Equipment Other
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 24
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Internal Only
Street Number 1 1024
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* Excluded Features
List By
Thomas A Rumble

Listing Agent

Exp Realty Llc

Broker

(616) 250-6751

Phone

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
4909451 Elementary School
4909675 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
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 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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