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22-Unit Motel with Connected Residence
For Sale
$694,900
Pending

1024 I-75 Business, Grayling, MI 49738

Commercial Sale, Grayling, MI

Property Size10,261 SF
Lot Size4.86 Acres
Days on Market308

Property Features for 1024 I-75 Business

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 24
Full bathrooms 24
Rooms Bathroom 12, Bathroom 5, Bathroom 17, Bathroom 20, Bathroom 3, Bathroom 18, Bathroom 11, Bathroom 22, Bathroom 4, Bathroom 13, Bathroom 9, Bathroom 1, Bathroom 10, Bathroom 7, Bathroom 23, Bathroom 24, Bathroom 8, Bathroom 6, Bathroom 21, Bathroom 19, Bathroom 2, Bathroom 14, Bathroom 15, Bathroom 16
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 Pending
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 Baseboard, Radiant
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: Aug 19 Last Checked: Aug 20 at 11:06PM
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 well-maintained motel property features 22 units within a standalone motel building on 4.86 acres. The motel includes 7 kitchenette units, and the property also has a connected 1,800-square-foot home with a large master suite, cathedral ceilings, and a large kitchen and living area. Additional improvements include a large maintenance building that could be used for on-site laundry, along with ample parking.

The property is situated on a main thoroughfare in Grayling and has easy access to I-75, with the buildings set back to provide a more peaceful setting.

All showings must be accompanied by an approval letter or proof of funds. The asking price reflects the property’s overall condition, including that some interior decor may benefit from an update.

Key Highlights

  • 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

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

Frequently Asked Questions

What type of property is this?
Motel - Well-maintained 22-unit motel on 4.86 acres with a connected 1,800-square-foot residence and ample parking.
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 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
More about this property
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