$1,025,000
Est. payment /mo
8,947 SqFt
Pending
267 S I-75 Business LOOP Grayling Twp, MI 49738
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Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 8,947 sqft
Price per Sqft $114
MLS Listing ID 78080062396
Year Built 1970
Lot Size 4.290 Acres
Acres 4.29
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
Area Area20041Graylingtwp
Interior
Heating Baseboard, Natural Gas, Wall Furnace
Cooling Other, Wall Window Units
Fireplace No
Exterior
Parking Features ParkingLot
Utilities Available NaturalGasConnected
View Y/N No
Roof Type Asphalt, Metal
Building
Foundation Basement, Slab
Sewer Septic Tank
Water Well
New Construction No
Schools
School District Crawford Ausable
Others
Acceptable Financing Cash, Other, Trade1031Exchange
Listing Terms Cash, Other, Trade1031Exchange
Special Listing Condition Standard
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Listed by Deirdre Carroll of Century 21 Northland
NEARBY SCHOOL & BUSINESS
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