615 S I 75 Business Loop Grayling, MI $ 779,000
615 S I 75 Business Loop
$ 779,000
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615 S I 75 Business Loop

Grayling, MI, 49738
$ 779,000
Bedrooms-- Baths-- Sq 15,026

Monthly Estimate*

$ 4,796

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Commercial Property for sale in Grayling, MI

for $779,000. This 15,026 square foot building was built in 1970 on a lot size of 25.

Rare turnkey opportunity offering diversifiedincome with on-site living. Property features four 2-bedroom condo-style apartments with attached garages, an additional 2-bedroom apartment with private entrance, a nd a comfortable 2-bedroom owner's residence.The hospitality operation includes 23 motel rooms, highlighted by 4 jacuzzi suites and 8 kitchenette units, ideal for nightly and extended-stay guests. A separate commercial building adds flexibility for rental income or business use.Guest-friendly amenities include a screen house, fire pit, and three BBQ grills.There is a large pole barn/garage with an upper level for storage or expansion. Property is well maintained with new roofs throughout and an underground sprinkler system, minimizing near-term capital needs.An excellent opportunity to live on site while operating a proven, income-producing property with strong cash flow and long-term upside.

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Commercial Active

Price

$ 779,000

Property Type

Commercial

Taxes

$ 3,278

Style

Business

Lot Size

25

Year Built

1970

Town/City

Grayling

County/Region

Crawford

MLS | Web ID

70512123

Features
General
Heating Space Heater
Roof Slate
Status Active Active
Year Built 1970
County Crawford
Class COM/IND/BUS OPP
Type Business
Business Name North Country Lodge
Ownership LLC
Municipality Grayling
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Commercial Features Furniture Outside Storage
Area Grayling (20008)
Primary City Grayling
Directions GPS will not take you there correctly. Put Dollar General Market 685 I-75 BL Grayling
City Grayling
Financial Terms Cash Conventional
Legal Description DIST;040 CITY/MUNI/TWP:GRAYLING TWP SEC/TWN/RNG/MER:SEC 06 TWN26N RNG 03W COMM AT SE COR OF SEC 6 T26N R3W OF NW/4 O
DOM 144
Postal Code 49738
Price Per Sq Ft Total AG 51.84
Public Remarks Rare turnkey opportunity offering diversifiedincome with on-site living. Property features four 2-bedroom condo-style apartments with attached garages
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Exterior
Exterior Aluminum Frame Wood
Frontage 180
Lot Size Area 25
Lot Dimensions 180x410
Roads City/County Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Nancy Gladstone

Listing Agent

3Dx Real Estate, Llc

Broker

nancy.gladstone@gmail.com

Email

Affordability Calculator

$5,070
Per Month
95%
5%
0%
Monthly Principal & Interest
$4,796
Monthly Property Taxes
$273
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.
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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2026$779,000 -2.63% Price Down
5/26/2026$800,000 -5.87% Price Down
5/4/2026$849,900 -5.57% Price Down
1/20/2026$899,999 Listed Price

Map


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615 S I 75 Business Loop, Grayling, MI, 49738 is a Commercial Property for sale at $779,000 with 15,026 sqft and a lot size of 25. 615 S I 75 Business Loop was built in 1970. The property's zip code is 49738 which is in Grayling, MI