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    100 State St Grayling, MI 49738

    For Sale
    $660,000

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

    Property size:
    2,300 SF
    Lot size:
    0.70 Acres
    Days on Market:
    79
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 100 State St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Other
    Size
    2,300 SF
    Lot size
    0.70 Acres

    Utilities

    Heating system
    Forced Air
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1940
    Roof type
    Asphalt
    Architectural style
    Other

    BHHS Michigan Real Estate (231) 632-5105 [email protected]

    Listing agent Kenneth Weaver (231) 947-7777

    Listing date Sep 18, 2025

    MLS# 1938768 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Riverfront Business Opportunity

    The historic Carlisle Canoe Livery, situated in downtown Grayling, presents a rare opportunity to own a piece of Michigan history. Located on over 220 feet of AuSable River frontage, this property provides access to a paddling destination. The original Carlisle building, where the modern canoe paddle was invented and manufactured, serves as a retail store and check-in center. The sale includes business equipment, vehicles, the business name, and a customer base. Known for its overnight canoe trips, the business has partnerships and visibility in the community. Also included is a fully updated home on the adjacent lot, currently used as a vacation rental, offering flexibility as a private residence or continued income-generating lodging. The property is 0.7 acres with a 2,300 square foot building. This offering combines business operations, heritage, and riverfront real estate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Carlisle Canoe Livery Canoe & Kayak Rental Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Jeremy hudson, Hanson House Bed & Breakfast, Borchers AuSable Canoe & Kayak with Riverside Bed & Breakfast

    Location Insight

    • Map
    • Local Demand
    City
    Grayling
    County
    Crawford
    State
    Michigan
    Longitude
    -84.708533
    Latitude
    44.660945

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    FAQs

    What type of property is this?
    Bed & breakfast - Thriving canoe livery with retail, equipment, and vacation rental.
    Where is this bed & breakfast located?
    The property is located at 100 State St Grayling, MI.
    What is the asking price?
    The asking price for this property is $660,000.
    What are key features of this property?
    This property features: - Iconic, thriving canoe livery business on **220+ feet of AuSable River frontage** in downtown Grayling.; - Profitable business with established name, loyal customer base, and strong local partnerships.; - Includes a fully updated home on adjacent lot, suitable for vacation rental or private residence.
    (231) 947-7777
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    100 State St Grayling, MI 49738
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    100 State St Grayling, MI 49738
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