615 S I 75 Business LOOP, Grayling, MI 49738
615 S I 75 Business LOOP, Grayling, MI 49738
615 S I 75 Business LOOP, Grayling, MI 49738
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$800,000
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23 Baths
15,026 SqFt
Active

615 S I 75 Business LOOP Grayling, MI 49738

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Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 15,026 sqft

Price per Sqft $53

MLS Listing ID 81026002439

Year Built 1970

Lot Size 25.000 Acres

Acres 25.0

Property Sub-Type BusinessandRealEstate

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.

Location

State MI

County Crawford

Area Area20042Grayling

Rooms

Basement Common Storage Locker, Partial

Interior

Heating Natural Gas, Space Heater

Fireplace No

Exterior

Parking Features Aggregate

Utilities Available CableConnected, ElectricityConnected

View Y/N No

Roof Type Slate

Building

Foundation Basement, Block, PartialBasement

Sewer Septic Tank

Water Well

New Construction No

Schools

School District Crawford Ausable

Others

Ownership LLC

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Realcomp MLS
Listed by Nancy Gladstone of 3DX Real Estate, LLC

NEARBY SCHOOL & BUSINESS

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Jessica Pacheco

Jessica Pacheco

Agent | License ID: 6501429867

+1(810) 515-0032

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615 S I 75 Business LOOP