1024 S.I-75 Business Loop, Grayling, MI 49738
1024 S.I-75 Business Loop, Grayling, MI 49738
1024 S.I-75 Business Loop, Grayling, MI 49738
1024 S.I-75 Business Loop, Grayling, MI 49738
1024 S.I-75 Business Loop, Grayling, MI 49738
1024 S.I-75 Business Loop, Grayling, MI 49738
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Barb Schlinker

Barb Schlinker

+1(719) 499-3334
$ 694,900
Est. payment | /mo

24 Beds

24 Baths

10,261 SqFt

Save
$ 694,900
Est. payment | /mo
Save

24 Beds

24 Baths

10,261 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 10,261 sqft

Price per Sqft $67

MLS Listing ID 11592071

Bedrooms 24

Full Baths 24

Year Built 1950

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 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 26039

Rooms

Basement Slab

Dining Room 1

Kitchen Eat-In

Exterior

Parking Features Detached

Garage Spaces 5.0

Building

Story 2

Sewer Municipal

Water Municipal

Structure Type Frame

Nearby Locations

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Barb Schlinker
Barb Schlinker

Broker / Owner License ID: 40004572

+1(719) 499-3334

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1024 S.I-75 Business Loop