Grayling, MI Commercial Real Estate for Sale

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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

Two‑unit commercial property fully leased with long‑term tenants in place
Anchored by Edward Jones tenant with occupancy over 15 years
Located on high‑visibility M‑72 frontage in Grayling (M‑72 frontage)
Brick exterior with frame construction and asphalt roofing
Parking lot on‑site

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Updated: Jan 2

Corner Commercial Land Zoned C-2

N Down River Road, Grayling, MI 49738

$101,550

18,149 sqft 0.40 AC lot

Commercial parcel ready to build on
Corner location with high visibility
Located a few hundred feet from Grayling Hospital
Zoned C‑2 in the City of Grayling
Recently split from a parent parcel; split approved with the City of Grayling

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Motels with 23 Rooms and Jacuzzi Suites

615 S I 75 Business Loop, Grayling, MI 49738

$779,000

15,026 sqft 25.00 AC lot

Well-maintained motel and condo-style apartments on 25 acres with 23 rooms, including 4 jacuzzi suites.

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Restaurant and Bar With Liquor License

2123 Industrial Dr, Grayling, MI 49738

$399,900

6,460 sqft 1.28 AC lot

Former bar-and-grill property includes a liquor license and site contents, offering a ready-to-launch food and beverage setup.

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C-2 Commercial Land

Parcel B N Down River Road, Grayling, MI 49738

$101,550

0.40 AC lot

C-2-zoned commercial parcel with public sewer near Grayling Hospital.

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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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22-Unit Motel with Connected Residence

1024 I-75 Business, Grayling, MI 49738

$694,900

10,261 sqft 4.86 AC lot

Well-maintained 22-unit motel on 4.86 acres with a connected 1,800-square-foot residence and ample parking.

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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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Commercial Land in Growing Grayling

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

$174,800

2.90 AC lot

Commercial land with utilities and highway access near Grayling.

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Commercial Land in Growing Grayling

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

$174,800

2.90 AC lot

Commercial land with utilities and highway access near I-75.

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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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Commercial Land Near I-75

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

$174,800

2.90 AC lot

Commercial land with utilities and highway access near Grayling, MI.

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Commercial Land Near Grayling, MI

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

$174,800

2.90 AC lot

Commercial land with utilities and highway access near Grayling.

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Riverfront Short-Term Rental Property

Grayling, MI 49738

$1,750,000

5.00 AC lot

Turnkey operation with six furnished cabins and an on-site convenience store for diversified guest and retail use.

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Commercial Land Near I-75

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

$174,800

2.90 AC lot

Commercial land with utilities and highway access near Grayling, MI.

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Commercial Land Near I-75

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

$174,800

2.90 AC lot

Commercial land with utilities and highway access near Grayling, MI.

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Established Restaurant/Bar in Grayling, MI

6811 W M 72, Grayling, MI 49738

$450,000

0.39 AC lot

Thriving restaurant/bar with high traffic and growth potential.

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Commercial Land in Growing Grayling

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

$174,800

2.90 AC lot

Cleared commercial land with utilities and highway access 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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Commercial Land Near I-75

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

$174,800

2.90 AC lot

Commercial land with utilities and highway access near Grayling, MI.

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Commercial Office and Service Yard

2476 Industrial Drive, Grayling, MI 49738

Contact for pricing

3,000 sqft

Clean, bright office building plus a heated service shop with drive-through doors and a fully fenced, gated yard.

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Riverside Cabin Resort

5973 W M-72 Highway, Grayling, MI 49738

$850,000

16.00 AC lot

Year-round lodging and event property with furnished cabins, river access, and an on-site caretaker apartment.

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Professional Office Building

306 State St, Grayling, MI 49738

Contact for pricing

Single office building featuring a reception area, lobby, breakroom, and five offices with ample parking.

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Cleared Commercial Land with Pole Barn Option

444 N I-75 Business Loop, Grayling, MI 49738

$54,900

3.00 AC lot

Cleared commercial-zoned parcel suited for a future pole barn, with electricity available nearby.

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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 63,752 square feet of properties for sale, with an estimated market value of $9,054,000.

Sale prices for business properties in Grayling, MI start at $54,900, averaging $393,652, and reaching up to $1,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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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	$380.3K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Crawford County

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