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$850,000
Est. payment /mo
10,240 SqFt
Active
1024 S I 75 BUSINESS Loop Grayling, MI 49738 7420
UPDATED:
11/08/2024 12:59 AM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 10,240 sqft
Price per Sqft $83
Subdivision Mi
MLS Listing ID 60352389
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 (20008)
Zoning Commercial
Interior
Heating Hot Water
Exterior
Waterfront No
Roof Type Asphalt
Building
Foundation Crawl
Water Public Water
Structure Type Vinyl Siding
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by @properties Christie's Int'l R.E. Birmingham