Mark WentlandBig Rapids Realty & Reed City Realty, ABR, ABRM Associate Broker

231-598-4871

1024 I-75 Business, Grayling, MI 49738

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$694,900
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  • Bedrooms  
  • Bathrooms 24
  • SQ. FT.  
  • Schools Grayling
  • County Crawford
  • Township Grayling
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms 24 (F)
  • Basement  
  • Garage  
  • Acreage 4.86
  • Heat Type Baseboard, Radiant
  • Central Air Wall Unit(s)
  • Year Built 1950
  • Style  
  • Exterior  
  • Taxes  
  • SEV 218300
  • Zoning  
  • Parcel 07000700500101
  • Lot Size Irregular

Features

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.

Directions I-75 from Gaylord. Use Down River Rd. Exit. West to business, I-75 to the address.
Listing Courtesy of Thomas A Rumble - EXP Realty LLC

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