$694,900
1024 I-75 Business
Grayling, MI 49738
MLS# 25053532
Status: Pending
10261 sqft
1024 I-75 Business, Grayling, MI 49738
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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,

Details
Maps
Location Property Info
County: Crawford
Street #: 1024
Street Name: I-75 Business
State: MI
Zip Code: 49738
Area: Outside MichRIC Area - Z
OfficeContract Info
Status: Pending
Current Price: $694,900
List Price: $694,900
Listing Date: 2025-10-17
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 4.86
Lot Square Footage: 211702
Lot Dimensions: Irregular
Year Built: 1950
Road Frontage: 999
Mineral Rights: Unknown
Year Remodeled: 1980
Total # Units: 22
# Fin Bldg Lvls: 2
Total # Bldgs: 3
Total SqFt: 10261
Total Net SqFt: 10261
Property Use Type: Business
Full Baths: 24
Waterfront: No
School District: Grayling
Tax Info
Tax ID #: 07000700500101
Taxable Value: 140908
SEV: 218300
For Tax Year: 2024
Seller's Annual Property Tax: 7879
Tax Year: 2024
Spec Assessment & Type: None Known
Non-Conforming Use: No
Remarks Misc
Directions: I-75 from Gaylord. Use Down River Rd. Exit. West to business, I-75 to the address.
Status Change Info
Under Contract Date: 2025-11-12
Additional Details
Total Parking Spaces: 40
Property Features
Property Use: Business
Uses: Other
Ownership: Proprietorship
Business Includes: Equipment; Furniture; Inventory; Real Estate
Construction Type: Block; Frame/Wood
Exterior Material: Aluminum Siding
Roofing: Composition
Foundation: Slab
Below Grade: None
Additional Features: Outdoor Storage
Sewer: Public Sewer; Septic Tank
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at St: High Speed Internet
Heat Source: Natural Gas
Heat Type: Baseboard; Radiant
Air Conditioning: Wall Unit(s)
Driveway: Aggregate; Asphalt; Paved
Street Type: Paved
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Traffic Study
Sale Conditions: None
Possession: See Remarks
Supplements
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.

Listing Office: EXP Realty LLC

Listing Agent: Thomas Rumble

Last Updated: January - 12 - 2026

1024 I-75 Business, Grayling, MI 49738 - MLS# 25053532

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