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$ 850,000
Est. payment /mo
Active
1024 S I 75 BUSINESS LOOP Grayling, MI 49738
10,240 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 10,240 sqft
Price per Sqft $83
MLS Listing ID 20240083334
Year Built 1970
Lot Size 4 Sqft
Property Sub-Type BusinessandRealEstate
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.
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 Area20042Grayling
Interior
Heating HotWater, NaturalGas
Exterior
Parking Features ParkingLot, OnSite
Utilities Available AboveGroundUtilities, CableConnected
View Y/N No
Roof Type Asphalt
Building
Foundation CrawlSpace
Sewer PublicSewer, SepticTank
Water Public
Schools
School District Crawfordausable
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard

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

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