Grayling, MI 49738,1024 I-75 Business
Grayling, MI 49738,1024 I-75 Business
Grayling, MI 49738,1024 I-75 Business
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Catherine McMurray

Catherine McMurray

Keller Williams Platinum

+1(586) 291-1492
$694,900
Est. payment /mo
10,261 SqFt
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Key Details

Property Type Commercial

Sub Type Business

Listing Status Pending

Purchase Type For Sale

Square Footage 10,261 sqft

Price per Sqft $67

MLS Listing ID 70500183

Year Built 1950

Annual Tax Amount $7,879

Tax Year 2024

Lot Size 4.860 Acres

Acres 4.86

Lot Dimensions Irregular

Property Sub-Type Business

Property 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,

Location

State MI

County Crawford

Area Grayling (20008)

Interior

Heating Baseboard, Radiant

Exterior

Parking Features 21+ Spaces

Roof Type Composite

Building

Structure Type Aluminum,Block,Frame,Wood

Others

Energy Description Natural Gas

Financing Cash,Conventional


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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by EXP Realty LLC

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Catherine McMurray

Catherine McMurray

+1(586) 291-1492

Agent | License ID: 6501395313

Agent License ID: 6501395313

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