Homes for sale - 1024 I-75 Business, Grayling, MI 49738

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Chris Lynn

chris@sellsmihomes.com +1(248) 914-7228

$694,900

Est. payment - /mo

10,261 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 10,261 sqft

Price per Sqft $67

MLS Listing ID 65025053532

Year Built 1950

Annual Tax Amount $999

Lot Size 4.860 Acres

Acres 4.86

Lot Dimensions Irregular

Property Sub-Type Business And Real Estate

Source Greater Regional Alliance of REALTORS®

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,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.

Location

State MI

County Crawford

Area Grayling

Interior

Heating Baseboard, Radiant

Heat Source Natural Gas

Exterior

Roof Type Composition

Road Frontage Paved

Building

Foundation Slab

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

Water Public (Municipal)

Structure Type Aluminum,Block,Frame,Wood

Schools

School District Crawford Ausable

Others

Tax ID 07000700500101

Ownership Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 1980

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Unknown/Data Share Listings

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Listed by Thomas A Rumble of EXP Realty LLC

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Chris Lynn

+1(248) 914-7228

Agent | License ID: 6501380823

Agent License ID: 6501380823

1024 I-75 Business Grayling, MI 49738

Chris Lynn

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1024 I-75 Business

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