Grayling, MI 49738,1024 S I 75 BUSINESS Loop
Grayling, MI 49738,1024 S I 75 BUSINESS Loop
Grayling, MI 49738,1024 S I 75 BUSINESS Loop
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$850,000
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10,240 SqFt
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1024 S I 75 BUSINESS Loop Grayling, MI 49738

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UPDATED:

11/07/2024 11:43 PM

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 10,240 sqft

Price per Sqft $83

MLS Listing ID 20240083334

Originating Board Realcomp II Ltd

Year Built 1970

Annual Tax Amount $7,821

Lot Size 4.830 Acres

Acres 4.83

Lot Dimensions 440.60 x 479.70

Property Description

Exceptional opportunity to own a successful, family-operated roadside motel in Grayling, Michigan, with a proven 50-year history. This 21-unit motel sits on 4.83 acres and includes a well-maintained, attached ownership/management house with two bedrooms and two bathrooms. Two of the motel units feature kitchenettes, offering added convenience and flexibility for guests.

Ideally located on the I-75 Business Loop, the property is just minutes from Camp Grayling and the Air National Guard Base, making it a prime destination for travelers, military personnel, and tourists alike. This motel's outstanding location, coupled with its excellent upkeep and long-standing reputation, make it a rare and attractive investment opportunity. Take advantage of this turnkey business and continue its legacy or make it your own with new ideas.

Location

State MI

County Crawford

Area Grayling

Zoning Commercial

Direction I-75 to I-75 Business Loop north to E Down River Road.

Interior

Hot Water Natural Gas

Heating Hot Water

Heat Source Natural Gas

Exterior

Roof Type Asphalt

Accessibility Accessible Entrance, Accessible Washer/Dryer

Road Frontage Highway

Building

Foundation Crawl

Sewer Public Sewer (Sewer-Sanitary), Septic Tank (Existing)

Water Public (Municipal)

Level or Stories 1 Story

Structure Type Vinyl

Schools

School District Crawford Ausable

Others

Tax ID 07000700500101

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 1987

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service


Realcomp MLS
Listed by Dean Bach of @properties Christie's Int'l R.E. Birmingham

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agent

Dylan Tanaka

Broker Associate | License ID: 6506046373

+1(248) 609-3030

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1024 S I 75 BUSINESS Loop