1024 I-75 Business, Grayling, MI 49738

New Listing
$694,900
Property Type: Commercial Sale Square Footage: 10,261 Lot Size (sq. ft.): 211,702 Status: Active
Current Price: $694,900 List Date: 8/28/2026 Last Modified: 8/28/2026

Overview

Description

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,

Supplements: 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.

Listing Details MLS# 25053532

Location Property Info

County
Crawford
Street #
1024
Street Name
I-75 Business
State
MI
Zip Code
49738

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
4.86
Lot Square Footage
211702
Lot Dimensions
Irregular
Year Built
1950
Road Frontage
999
Mineral Rights
Unknown
Year Remodeled
1980
Total # Units
22
# Fin Bldg Lvls
2
Total # Bldgs
3
Total SqFt
10261
Total Net SqFt
10261
Property Use Type
Business
Full Baths
24
Waterfront
No
School District
Grayling

Tax Info

Tax ID #
07000700500101
Taxable Value
140908
SEV
218300
For Tax Year
2024
Seller's Annual Property Tax
7879
Tax Year
2024
Spec Assessment & Type
None Known
Non-Conforming Use
No

Remarks Misc

Directions
I-75 from Gaylord. Use Down River Rd. Exit. West to business, I-75 to the address.

Additional Details

Total Parking Spaces
40

More Information

Property Features

Property Use: Business Uses: Other Ownership: Proprietorship Business Includes: Equipment; Furniture; Inventory; Real Estate Construction Type: Block; Frame/Wood Exterior Material: Aluminum Siding Roofing: Composition Foundation: Slab Below Grade: None Additional Features: Outdoor Storage Sewer: Public Sewer; Septic Tank Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: High Speed Internet Heat Source: Natural Gas Heat Type: Baseboard; Radiant Air Conditioning: Wall Unit(s) Driveway: Aggregate; Asphalt; Paved Street Type: Paved Purchase Terms Avail: Cash; Conventional Docs at List Office: Traffic Study Sale Conditions: None Possession: See Remarks
IDX
Listing Office: EXP Realty LLC
Listing Agent: Thomas A Rumble
Source MLS Verified
Last Updated: August - 28 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.