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    1010 North Down River Rd Grayling, MI 49738

    New
    Pending
    For Sale
    $800,000

    Medical/Dental - Grayling, MI

    Property size:
    11,872 SF
    Days on Market:
    5
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 1010 North Down River Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Size
    11,872 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1971
    Building materials
    Brick
    Roof type
    Membrane
    Architectural style
    Other

    CENTURY 21 REALTY NORTH-HOUGHTON LK (989) 366-1801 [email protected]

    Listing agent TODD JANSEN (989) 366-1801

    Listing date Dec 1, 2025

    MLS# 1937034 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

    Grayling Medical/Dental Office Building

    This large medical office building is suitable for medical offices or general office use. The property is in excellent condition, featuring a recent membrane roof and updated mechanical systems. The layout includes 14 exam rooms, 5 offices, 2 procedure rooms, a waiting area, and typical support infrastructure. Additional office space is available in half of the finished basement. The property is located in Grayling, Michigan.
    Location Intelligence

    Current Use by Public Records

    Grayling Surgical Services Surgical Center Munson Surgical services Doctor Nicholas Fox Physician Assistant Paul Kirkpatrick Reynolds, ... Surgeon Garrick Reid Cvitkovich, ... Surgeon

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Grayling
    County
    Crawford
    State
    Michigan
    Longitude
    -84.712884
    Latitude
    44.670482

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    FAQs

    What type of property is this?
    Medical office - Large medical office building with solid tenant in Grayling, MI.
    Where is this medical office located?
    The property is located at 1010 North Down River Rd Grayling, MI.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Attractive CAP rate; - Fresh lease with a solid tenant; - Excellent condition with recent membrane roof
    (989) 366-1801
    Request Owner's contact information
    1010 North Down River Rd Grayling, MI 49738
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    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    1010 North Down River Rd Grayling, MI 49738
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