Grayling, MI Commercial Real Estate for Sale

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Updated: Aug 27

Mixed-Use Property with Retail

6039 E Co Road 612, Grayling, MI 49738

$750,000

5,000 sqft

5,000‑square‑foot mixed‑use property with retail, bakery and deli operations
Four‑bedroom, one‑bath upper‑level residence
Separate one‑bedroom guest house
3,000+ sq.ft. barn and detached two‑car garage
Fenced garden with built‑in irrigation, stone waterfall and fish pond

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Updated: Feb 5

Two-Unit Office Building

307 Huron Street, Grayling, MI 49738

$195,000

1,056 sqft 0.18 AC lot

1,056‑square‑foot office building configured as two commercial units
Fully leased to two occupants, including Edward Jones
Edward Jones has occupied its space for more than 15 years
0.18‑acre parcel with frontage along M‑72
On‑site parking lot and two bathrooms

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C-2 Corner Commercial Land

N Down River Road, Grayling, MI 49738

$101,550

18,149 sqft 0.40 AC lot

Buildable corner parcel near Grayling Hospital with an approved lot split.

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Recreational/Resort,Bed & Breakfast,Marina,Other - Grayling, MI

100 State St, Grayling, MI 49738

$660,000

2,300 sqft 0.70 AC lot

Thriving canoe livery with retail, equipment, and vacation rental.

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Brewery and Restaurant Property

2552 Interstate 75 Business, Grayling, MI 49738

$799,000

5,695 sqft

Includes brewing equipment, a commercial kitchen, bar, dining areas, and a parking lot.

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C-2 Commercial Corner Parcel

Parcel B N Down River Road, Grayling, MI 49738

$101,550

0.40 AC lot

Commercial parcel with C-2 zoning and public sewer service.

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22-Unit Motel with Kitchenettes

1024 I-75 Business, Grayling, MI 49738

$694,900

10,261 sqft 4.86 AC lot

Motel property with kitchenette units, an attached residence, and a separate maintenance building.

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Restaurant with Event Space

6811 W M 72 Hwy, Grayling, MI 49738

$450,000

5,200 sqft

Restaurant and bar venue with dining, entertainment amenities, and an outdoor patio along M-72 Hwy.

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Land, Grayling, MI

1114 Deckrow Trail, Grayling, MI 49738

$199,000

4.23 AC lot

Commercial land · 4.23 Acres

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Cleared C-1 Commercial Land

Parcel D I-75 Business Loop, Grayling, MI 49738

$174,800

2.90 AC lot

Level commercial land with underground electric, natural gas, and high-speed internet already on-site.

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Carlisle Canoe Livery

100 State St, Grayling, MI 49738

$660,000

2,200 sqft 0.70 AC lot

Canoe Livery in Grayling Michigan

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Cleared Commercial Land

Parcel C I-75 Business Loop, Grayling, MI 49738

$174,800

2.90 AC lot

Level C-1 commercial parcel with underground electric, natural gas, and high-speed internet on-site.

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C-1 Commercial Land

Parcel D I-75 Business Loop, Grayling, MI 49738

$174,800

2.90 AC lot

Cleared, level commercial parcel with on-site utility connections and access to the I-75 Business Loop.

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Manufacturing Property with Multiple Buildings

4364 W North Down River Rd, Grayling, MI 49738

$799,000

21,102 sqft

Multi-building industrial property with an existing long-term lease, C-2 zoning, and separate vacant buildings.

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Commercial Land with Utilities

Parcel B I-75 Business Loop, Grayling, MI 49738

$174,800

2.90 AC lot

Cleared, level commercial land with C-1 zoning and electric, gas, and high-speed internet service on-site.

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Cleared C-1 Commercial Land

Parcel A I-75 Business Loop, Grayling, MI 49738

$174,800

2.90 AC lot

Level commercial parcel with on-site electric, natural gas, and high-speed internet near Grayling.

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Well-Maintained Motel with Home

1024 S I 75 Business Loop, Grayling, MI 49738

$694,900

4.86 AC lot

A 22-unit motel property on 4.86 acres with a connected 1,800 sq ft residence and extensive parking.

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C-1 Commercial Land

Parcel C I-75 Business Loop, Grayling, MI 49738

$174,800

2.90 AC lot

Cleared, level commercial parcel with underground electric, natural gas, and high-speed internet available on site.

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C-1 Storefront Property

300 N James St, Grayling, MI 49738

$350,000

1,392 sqft

Downtown commercial space with C-1 zoning and an established 1991 building date.

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Cleared Commercial Land

Parcel B I-75 Business Loop, Grayling, MI 49738

$174,800

2.90 AC lot

Cleared, level land with underground electric, natural gas, and high-speed internet on-site.

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Commercial

Parcel 1 Parcel 1 Thundermug Road, Grayling, MI 49738

$595,000

Waterfront Land

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Cleared Commercial Land

Parcel A I-75 Business Loop, Grayling, MI 49738

$174,800

2.90 AC lot

C-1-zoned land with electric, natural gas, and high-speed internet already available on-site.

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Restored Historic Storefront

110 E Michigan Ave, Grayling, MI 49738

Contact for pricing

Main-level commercial space with original hardwood floors, exposed brick, and large windows for abundant natural light.

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Riverside Cabin Resort

5973 W M-72 Highway, Grayling, MI 49738

$850,000

16.00 AC lot

Year-round lodging operation with furnished cabins, event facilities, river frontage, and on-site caretaker housing.

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Grayling, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Grayling, MI, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 72,355 square feet of properties for sale, with an estimated market value of $9,413,100.

Sale prices for business properties in Grayling, MI start at $49,900, averaging $376,524, and reaching up to $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Grayling, MI CRE market trends — vacancy, lease rates and price per SF, updated monthly

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Demographics Overview

Population 9,599

Population Growth (5Y) +0.0%

Median Household Income $57,573

College Educated 14.6%

High-Yield Neighborhoods for Investment

Identify Grayling submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49738	$362K

Taxes & Financing

Tax Rate (average for all types) 2.14%

Property Tax per SF $79.70 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Crawford County

New Delisted

Total CRE Inventory on Market (SF)

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