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    Grayling, MI
    Hospitality

    Grayling, MI Hospitality Properties for Sale

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    Frederic, MI Roscommon, MI Kalkaska, MI Marquette, MI Fife Lake, MI Gaylord, MI Mancelona, MI Houghton Lake, MI
    6 properties
    Motels with 23 Rooms and Jacuzzi Suites
    Updated: Jan 20
    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
    23 motel rooms, including 4 jacuzzi suites and 8 kitchenette units
    25 acres with on‑site living: owner’s residence plus 5 additional 2‑bedroom apartments
    Four 2‑bedroom condo‑style apartments with attached garages, plus a 2‑bedroom unit with private entrance
    New roofs throughout and an underground sprinkler system
    Separate commercial building for rental income or business use
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    22-Unit Motel with Connected Residence
    Updated: Oct 17, 2025
    22-Unit Motel with Connected Residence

    1024 I-75 Business, Grayling, MI 49738

    $694,900
    10,261 sqft 4.86 AC lot
    22‑unit motel on 4.86 acres on a main thoroughfare with easy access to I‑75
    Standalone motel building includes 7 kitchenette units, which could be used for long‑term rentals
    Connected 1,800 SF home with a large master suite, cathedral ceilings, and a large kitchen and living area
    Lots of on‑site parking plus a large maintenance building that could be used for on‑site laundry
    Heating includes baseboard and radiant; cooling via wall unit(s)
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    Riverside Cabin Resort
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Recreational/Resort,Bed & Breakfast,Marina,Other - Grayling, MI
    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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    Carlisle Canoe Livery
    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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    Well-Maintained Motel with Home
    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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    Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 6 Active listings in Grayling, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Hotel with Beer Garden
    Hotel with Beer Garden

    19 W Bear Lake Road, Kalkaska, MI 49646

    $839,650
    2,618 sqft

    Rebuilt in 2021 with natural gas forced-air heat, well water, and two walk-in cooler rooms for hospitality operations.

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    Party Store, Gas Station, RV
    Party Store, Gas Station, RV

    Mancelona, MI 49659

    Contact for pricing
    1,380 sqft

    Thriving business with gas, store, and RV hookups near lake.

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    Lakefront Camp and Event Center
    Lakefront Camp and Event Center

    6874 NE Camp Tanuga Rd, Kalkaska, MI 49646

    Contact for pricing
    153.00 AC lot

    Lakefront summer camp and event center with an all-season main lodge, guest rooms, cabins, and a commercial kitchen.

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    Turn-Key Campground Property with Cabins
    Turn-Key Campground Property with Cabins

    VL 10acres Amanda Court, Mancelona, MI 49659

    $114,900
    10.03 AC lot

    10.03-acre wooded campground setup with multiple campsites, picnic areas, two RVs, and cabins for off-grid recreation.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Golf Course Lot in Gaylord
    Golf Course Lot in Gaylord

    Par B-C Northstar Road, Gaylord, MI 49735

    $45,000
    2.00 AC lot

    2-acre golf course lot with amenities near I-75.

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    Hunting Land Parcel with River
    Hunting Land Parcel with River

    State Road, Kalkaska, MI 49646

    $65,000
    80.00 AC lot

    An 80-acre hunting land parcel with N Branch Boardman River frontage and low ground/wetland areas.

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    Buildable Lot in Gated Community
    Buildable Lot in Gated Community

    526 Fountains Drive, Lewiston, MI 49756

    Contact for pricing

    Buildable lot in Garland Lodge and Golf Resort, Lewiston, MI.

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    Land in Campers Village
    Land in Campers Village

    Pineview Drive lot: 435 B0 1305 6273, Mancelona, MI 49659

    Contact for pricing
    0.42 AC lot

    Vacant land in a four-season recreational community.

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    Off-Market Properties in Grayling, MI

    Consider similar Off-Market properties in Grayling, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2650 I 75th Business Loop
    MOTEL

    2650 I 75th Business Loop, Grayling, MI 49738-2012

    $785,000
    Estimated value
    117,160 sqft 7.19 AC lot
    View details
    7852 Grayling Rd
    MOTEL

    7852 Grayling Rd, Grayling, MI 49738-8096

    $395,000
    Estimated value
    4,600 sqft 2.57 AC lot
    View details
    2556 I 75th Business Loop
    MOTEL

    2556 I 75th Business Loop, Grayling, MI 49738-2010

    $715,000
    Estimated value
    21,130 sqft 0.99 AC lot
    View details
    6530 County Rd 612
    MOTEL

    6530 County Rd 612, Grayling, MI 49738-9207

    $310,000
    Estimated value
    5,039 sqft 1.17 AC lot
    View details
    257 I 75th Business Loop
    MOTEL

    257 I 75th Business Loop, Grayling, MI 49738-6702

    $295,000
    Estimated value
    5,052 sqft 2.57 AC lot
    View details
    103 Michigan Ave
    HOTEL

    103 Michigan Ave, Grayling, MI 49738-1740

    $400,000
    Estimated value
    15,499 sqft 0.26 AC lot
    View details
    615 I 75th Business Loop
    MOTEL

    615 I 75th Business Loop, Grayling, MI 49738-6801

    $320,000
    Estimated value
    9,534 sqft 1.69 AC lot
    View details
    906 Maple St
    MOTEL

    906 Maple St, Grayling, MI 49738-1112

    $300,000
    Estimated value
    3,222 sqft 0.88 AC lot
    View details
    6843 M 72nd Hwy
    MOTEL

    6843 M 72nd Hwy, Grayling, MI 49738-7463

    $365,000
    Estimated value
    11,480 sqft 1.93 AC lot
    View details
    Brighton Cir
    Multifamily properties

    0 Brighton Cir, Grayling, MI 49738

    Value Estimation by Request
    65.00 AC lot
    View details
    5828 Nelson A Miles Pkwy
    MOTEL

    5828 Nelson A Miles Pkwy, Grayling, MI 49738-7338

    $465,000
    Estimated value
    18,864 sqft 4.54 AC lot
    View details

    Grayling, MI Hospitality Properties Market Trends and Statistics

    Explore 17 hospitality properties for sale in Grayling, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 29,787 square feet of properties for sale, with an estimated market value of $4,338,800.

    Sale prices for hospitality properties in Grayling, MI start at $660,000, averaging $723,133, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 3
    Bed & breakfasts 2
    Resorts 2

    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 $739.8K

    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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