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$779,000
( $51.84Per Sq Foot )
 $4,182 est/mo Sourced by Back At You

615 S I 75 Business Loop,Grayling, MI 49738

Grayling, MI 49738

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Description

Rare turnkey opportunity offering diversifiedincome with on-site living. Property features four 2-bedroom condo-style apartments with attached garages, an additional 2-bedroom apartment with private entrance, a nd a comfortable 2-bedroom owner's residence.The hospitality operation includes 23 motel rooms, highlighted by 4 jacuzzi suites and 8 kitchenette units, ideal for nightly and extended-stay guests. A separate commercial building adds flexibility for rental income or business use.Guest-friendly amenities include a screen house, fire pit, and three BBQ grills.There is a large pole barn/garage with an upper level for storage or expansion. Property is well maintained with new roofs throughout and an underground sprinkler system, minimizing near-term capital needs.An excellent opportunity to live on site while operating a proven, income-producing property with strong cash flow and long-term upside.

Details

MLS #70512123
Listing TypeFor Sale
StyleBusiness
Sub-TypeResale
StatusPending
Year1970
Days On Site215
Listing Provided By3DX Real Estate, LLC | Nancy Gladstone

Features

SQ Feet15,026
BasementY
Acreage25.00
Water FrontYes

Interior

Heating Yes / NoYes
HeatingSpace Heater
FurnishedFurnished

Exterior

RoofSlate
Construction MaterialsAluminum Siding, Frame, Wood Siding
Foundation DetailsBasement

Other

List AorGreater Metropolitan Association of REALTORS

Taxes

Property3278

Area Information

StateMI
CountyCrawford
CityGrayling
Zip Code49738
AreaGrayling (20008)
Listing VS Median (in 49738)
Price:
$779,000
low | high
Med:
$325,000
100% of Average
sqft:
15,026
low | high
Med:
845
100% of Average
$ / sqft:
$52
low | high
Med:
$385
100% of Average
On site:
215
low | high
Med:
150
100% of Average
Sourced by Back At You

Market Activity 49738

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Learn More About This Property

Arterra Realty

Arterra Realty

 (248) 731-0048marketing@arterrarealty.com
StateMI
CountyCrawford
CityGrayling
Zip Code49738
AreaGrayling (20008)
Listing VS Median (in 49738)
Price:
$779,000
low | high
Med:
$325,000
100% of Average
sqft:
15,026
low | high
Med:
845
100% of Average
$ / sqft:
$52
low | high
Med:
$385
100% of Average
On site:
215
low | high
Med:
150
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $584K - $973K
sqft: 11,000 - 18,500
Nearby Listings Property ImageNearby Listings Details
615 S I 75 Business Loop Property Photo 1
$779,000
615 S I 75 Business Loop
Grayling, MI 49738
Listing Updated: August 19, 2026 at 5:13:45 PM PDT
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