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(989) 385-1311
Bay Realty Michigan
615 S I 75 Business Loop, Grayling, MI 49738-6801
- $340,000
- 15,026
- SqFt
- Sold Price
- $340,000
- List Price
- $779,000
- Status
- CLOSED
- MLS#
- 70512123
- Days on Market
- 175
- Year Built
- 1970
- Closing Date
- Sep 11, 2026
- Acres
- 25
- Living Area
- 15,026
- Municipality
- Grayling
- Region
- Grayling
- Township
- Grayling
Property 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.
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Additional Information
- Lot Dimensions
- 180 x 410
- Heating
- Space Heater
- Foundation
- Basement
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Listing Courtesy of 3DX Real Estate, LLC, Office Phone: 888-304-1447
Selling Office: LPS.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.