1024, I-75 Business, Grayling, MI, 49738
- 24 baths
Basics
- Date added: Added 15 hours ago
- Category: Commercial Sale
- Type: Business
- Status: Active
- Bathrooms: 24
- Lot size: 4 sq ft
- Year built: 1950
- Bathrooms Full: 24
- Lot Size Acres: 4 acres
- Business Type: Other
- County: Crawford
- MLS ID: 25053532
Description
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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 I75, 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.
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Location
Building Details
- Building Area Total: 10261 sq ft
- Number Of Units Total: 22
- Construction Materials: Aluminum Siding
- Sewer: Septic Tank
- Heating: Baseboard, Radiant
- StoriesTotal: 2
- Building Features: Outdoor Storage
- Roof: Composition
- Foundation Details: Slab
- Number Of Buildings: 3
Amenities & Features
- Parking Total: 40
- Inclusions: Real Estate, Inventory, Furniture, Equipment
- Utilities: Natural Gas Connected, Electricity Connected
- Interior Features: Broadband
- Cooling: Wall Unit(s)
Fees & Taxes
- Tax Assessed Value: $999
- Tax Year: 999
- Tax Annual Amount: $999
School Information
- High School District: Grayling
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: Down River Road / Business I75
- Listing Terms: Conventional, Cash