Search
22-Unit Motel with Kitchenettes
For Sale
$694,900

1024 I-75 Business, Grayling, MI 49738

Commercial Sale, Grayling, MI

Property Size10,261 SF
Lot Size4.86 Acres
Price / SF$67.72
Days on Market354

Property Features for 1024 I-75 Business

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 24
Full bathrooms 24
Rooms Bathroom 20, Bathroom 12, Bathroom 9, Bathroom 14, Bathroom 16, Bathroom 18, Bathroom 8, Bathroom 5, Bathroom 17, Bathroom 21, Bathroom 11, Bathroom 1, Bathroom 19, Bathroom 4, Bathroom 10, Bathroom 2, Bathroom 24, Bathroom 6, Bathroom 13, Bathroom 22, Bathroom 7, Bathroom 3, Bathroom 23, Bathroom 15
Parking 40
Interior features Broadband
Elementary school district Grayling
Middle school district Grayling
High school district Grayling
Directions I-75 from Gaylord. Use Down River Rd. Exit. West to business, I-75 to the address.
Subdivision Outside MichRIC Area - Z
Standard status Active
APN 07000700500101
Size 10,261 SF
Lot size 4.86 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LL on File @ Listing office
Tax Annual Amount 7879
Legal Description LL on File @ Listing office

Utilities

Sewer type Septic Tank
Heating system Radiant, Baseboard
Cooling system Wall Unit(s)

Building Details

Year built 1950
Floors in Building 2
Number of units 22
Building materials Aluminum Siding
Roof type Composition
Listing Agency: EXP Realty LLC
Listed By: Thomas A Rumble · License #6501299700
Added: Oct 17, 2025 Changed: Sep 16 Last Checked: Oct 5 at 10:06PM
MLS# 25053532

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 22-unit motel occupies a 10,261-square-foot property on 4.86 acres. The improvements include seven kitchenette units in a standalone building, along with an 1,800-square-foot residence connected to the motel. The home features a large master suite, cathedral ceilings, and an expansive kitchen and living area. A separate maintenance building offers additional functional space, while extensive on-site parking supports the property’s lodging use.

Located on I-75 Business in Grayling, the property has convenient access to I-75 while retaining a set-back setting. Building systems include baseboard and radiant heat, wall-unit cooling, broadband, septic service, aluminum siding, and a composition roof. Constructed in 1950, the property provides a motel configuration with multiple ancillary improvements in Crawford County.

Key Highlights

  • 22‑unit motel on 4.86 acres
  • 10,261 square feet of property size
  • Seven kitchenette units in a standalone building

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Motels

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

503
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49738, MI

9,498
Population
7,299
Households
1.3
Avg Household Size
50
Median Age
21%
College-Educated
92%
High-School Grad
332.6 sq mi
ZIP Area
29
Density / Sq Mi
$57,573
Median Household Income
$33,218
Median Earnings
$855
Median Rent
$153,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Jeremy hudson — 2460 woodcroft lane, Grayling, MI 49738
  • Hanson House Bed & Breakfast — 604 Peninsular Ave, Grayling, MI 49738
  • Dee's Motel — 103 Clare St, Grayling, MI 49738
  • Warblers Way Inn — 906 Maple St, Grayling, MI 49738
  • Pointe North of Grayling — 1024 I-75BL, Grayling, MI 49738

Frequently Asked Questions

What type of property is this?
Motel - Motel property with kitchenette units, an attached residence, and a separate maintenance building.
Where is this motel located?
The property is located at 1024 I-75 Business Grayling, MI.
What is the asking price?
The asking price for this property is $694,900.
What are key features of this property?
This property features: 22‑unit motel on 4.86 acres; 10,261 square feet of property size; Seven kitchenette units in a standalone building
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again