Homes for sale - 267 S I-75 Business Loop, Grayling, MI 49738

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Stacy Allman

stacy@mipropertiesnorth.com +1(231) 944-5296

Listed by Deirdre Carroll • CENTURY 21 Northland

$ 1,025,000

Est. payment | -/mo

8,947 SqFt

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$ 1,025,000

Est. payment | -/mo

Save

8,947 SqFt

Key Details

Property Type Commercial

Sub Type Hospitality

Listing Status Active

Purchase Type For Sale

Square Footage 8,947 sqft

Price per Sqft $114

Subdivision Mi

MLS Listing ID 1939153

Year Built 1970

Lot Size 4.290 Acres

Acres 4.29

Lot Dimensions 200x900

Property Sub-Type Hospitality

Property Description

This turnkey opportunity is a highly desirable commercial offering in the heart of Grayling, Michigan, presenting the chance to acquire both an established motor lodge business and real estate. The current owners have cultivated a successful operation and an outstanding reputation over more than 20 years, positioning the property for continued success. The versatile accommodation mix on 4.29 acres, features a total of 20 well-maintained guest rooms with 33 beds across multiple structures, including standard motor lodge rooms and two unique cabin units, with additional space available for two recreational vehicles. For an owner-operator, a comfortable 1,400 square foot house is included, complete with two bedrooms, the potential for a non-conforming third room, one bathroom, and an attached motor lodge office for efficient for centralized management. An on-site workshop aids in keeping the property in excellent condition. A commitment to quality is evident through consistent maintenance and recent capital improvements, such as updated bathrooms, flooring, the installation of keyless entry systems, and enhanced security measures. The property's well-landscaped grounds maximize the guest experience, featuring desirable amenities like a picnic pavilion with a grill, a playground area, and various recreational activities. This location offers high visibility and exposure, benefiting from a Michigan Department of Transportation average daily traffic count of 1,213. Zoning information can be found at: www.twp.grayling.mi.us/zoning-ordinances. Showings are by appointment only. To ensure the continuity of business operations, please refrain from discussing this listing with the employees.

Location

State MI

County Crawford

Zoning Commercial,Motel/Hotel

Rooms

Basement Partial, Slab

Interior

Heating Baseboard, Wall, Other

Cooling Baseboard, Wall, Other

Exterior

Exterior Feature Wood

Roof Type Asphalt,Metal

Present Use Other

Road Frontage Public Maintained, Blacktop

Building

Sewer Private Septic

Water Private Well

Others

Tax ID 040-41-006-03-080-01

Ownership Private Owner

Acceptable Financing Commercial Loan, Cash, 1031 Exchange, Other

Listing Terms Commercial Loan, Cash, 1031 Exchange, Other

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Stacy Allman

Broker/Owner | Lic# 6502433438

stacy@mipropertiesnorth.com

+1(231) 944-5296

108 E Main St Kinglsey MI 49649

267 S I-75 Business Loop Grayling, MI 49738

Stacy Allman

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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267 S I-75 Business Loop