1024 I-75 Business,Grayling, MI 49738
Grayling, MI 49738
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, 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.
Details
| MLS # | 25053532 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 346 |
| Listing Provided By | EXP Realty LLC | Thomas A Rumble |
Features
| Bath(s) | 24 Total |
|---|---|
| SQ Feet | 10,261 |
| Story(s) | 2 |
| Units | 22 |
| Building(s) | 3 |
| Acreage | 4.86 |
Taxes
| Property | 7879 |
|---|
Area Information
| State | MI |
|---|---|
| County | Crawford |
| City | Grayling |
| Zip Code | 49738 |
| Area | Outside MichRIC Area Z |
| Subarea | Z |
| School District | Grayling |
| High School | Grayling |
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Learn More About This Property
| State | MI |
|---|---|
| County | Crawford |
| City | Grayling |
| Zip Code | 49738 |
| Area | Outside MichRIC Area Z |
| Subarea | Z |
| School District | Grayling |
| High School | Grayling |
