Search
Well-Maintained Motel with Home
For Sale
$694,900

1024 S I 75 Business Loop, Grayling, MI 49738

A 22-unit motel property on 4.86 acres with a connected 1,800 sq ft residence and extensive parking.

Property SizeContact for details
Lot Size4.86 Acres
Days on Market325

Property Features for 1024 S I 75 Business Loop

General Information

Standard status Active
Lot size 4.86 Acres

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $7,879
Listing Agency: EXP Realty LLC
Listed By: Thomas A Rumble · License #6501299700
Source: Exprealty
Added: Oct 17, 2025 Changed: Aug 31 Last Checked: Sep 5 at 1:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC

Investment Insights

Based on property information with market context.

This well-maintained 22-unit motel property includes a standalone building with 7 kitchenette units, along with an 1,800 sq ft home connected to the main motel. The residence features a large master suite, cathedral ceilings, and a large kitchen and living area. The property also offers a large maintenance building that could support on-site laundry operations, plus lots of parking.

Set on 4.86 acres on a main thoroughfare, the site provides easy access to I-75 while remaining set back enough for a more peaceful setting. The address is 1024 S I 75 Business Loop in Grayling, MI.

The offering is for sale and has been owned and cared for by the same owner for over 30 years. Showings require an approval letter or proof of funds.

Key Highlights

  • 22‑unit motel on 4.86 acres in Grayling, MI, with easy access to I‑75.
  • Standalone building includes 7 kitchenette units that could be used for long‑term rentals.
  • Connected 1,800 sq ft residence with a large master suite, cathedral ceilings, and large kitchen and living area.

Property Analytics

Current Use

Motels

Suggested Use

Top Pick Parking Lot & Garage Dental Office Law Firm (Bike/Boat/Book/etc) Store Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
  • 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 - A 22-unit motel property on 4.86 acres with a connected 1,800 sq ft residence and extensive parking.
Where is this motel located?
The property is located at 1024 S I 75 Business Loop 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 in Grayling, MI, with easy access to I‑75.; Standalone building includes 7 kitchenette units that could be used for long‑term rentals.; Connected 1,800 sq ft residence with a large master suite, cathedral ceilings, and large kitchen and living area.
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