Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1024 I-75 Business Grayling, MI 49738

    Sponsored
    For Sale
    Pending
    $694,900

    COMMERCIAL - Grayling, MI

    Property size:
    10,261 SF
    Lot size:
    4.86 Acres
    Days on Market:
    54
    Last Refresh:
    Jan 5 at 5:06 am

    Property Features for 1024 I-75 Business

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bathroom 12, Bathroom 19, Bathroom 20, Bathroom 21, Bathroom 4, Bathroom 17, Bathroom 5, Bathroom 9, Bathroom 24, Bathroom 10, Bathroom 7, Bathroom 2, Bathroom 3, Bathroom 11, Bathroom 6, Bathroom 8, Bathroom 14, Bathroom 13, Bathroom 15, Bathroom 22, Bathroom 1, Bathroom 18, Bathroom 23, Bathroom 16
    Bathrooms
    24
    APN
    07000700500101
    Parking
    40
    Interior features
    Broadband
    Size
    10,261 SF
    Lot size
    4.86 Acres

    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

    eXp Realty LLC (888) 501-7085 [email protected]

    Listing agent Thomas A Rumble (616) 250-6751

    Listing date Nov 13, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Motel in Grayling, MI

    This well-maintained 22-unit motel is located in Grayling, Michigan, near Gaylord and Traverse City. Situated on 4.86 acres along a main thoroughfare with easy access to I-75, the property is set back to provide a peaceful environment. The motel includes a separate building with 7 kitchenette units suitable for long-term rentals, offering a consistent revenue stream. Additionally, there is an 1800 sq ft home connected to the main motel, featuring a large master suite, cathedral ceilings, and a spacious kitchen and living area. The property includes ample parking and a large maintenance building that could be used for on-site laundry. The property's location in Grayling, which is experiencing growth due to the Air Force Base, new restaurants, and new housing developments, makes it a convenient place to stay near both Northeast and Northwest Michigan.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Motels

    Map

    City
    Grayling
    County
    Crawford
    State
    Michigan
    Longitude
    -84.719103
    Latitude
    44.669839

    Nearby Similar for Sale

    • $1,200,000
      16.00 Acres

      Finley's Riverside Cabins Business Opportunity

      Established vacation rental business on 16 acres with AuSable River frontage.
      5973 W M-72 Hwy, Grayling, MI 49738
      View Details
    • $380,000
      5,300 SF

      Visible Highway Frontage in Grayling

      5300 sq ft commercial building with highway frontage.
      1081 I-75Bl, Grayling, MI 49738
      View Details
    • $660,000
      2,300 SF

      Iconic Riverfront Business Opportunity

      Thriving canoe livery with retail, equipment, and vacation rental.
      100 State St, Grayling, MI 49738
      View Details
    • $1,400,000
      46,820 SF

      Industrial Building Near I-75

      High-quality industrial building on 8.5 acres near I-75.
      758 Isenhauer Rd, Grayling, MI 49738
      View Details
    • $695,000

      Grayling Multifamily Investment Opportunity

      Multifamily property with high occupancy and $13k gross monthly income.
      78 I-75Bl, Grayling, MI 49738
      View Details
    • $800,000
      11,872 SF

      Grayling Medical/Dental Office Building

      Large medical office building with solid tenant in Grayling, MI.
      1010 North Down River Rd, Grayling, MI 49738
      View Details
    • $167,000
      920 SF

      Grayling Duplex with Long-Term Tenants

      Duplex in Grayling, MI with long-term tenants and garage.
      610 Spruce St, Grayling, MI 49738
      View Details
    • $995,000

      Grayling Multifamily Value-Add Opportunity

      Licensed for 49 lots, value-add opportunity near Au Sable River.
      4869 Brighton Cir N, Grayling, MI 49738
      View Details
    • $495,000

      Established Restaurant/Bar in Grayling, MI

      Thriving restaurant/bar with high traffic and growth potential.
      6811 W M 72 Hwy, Grayling, MI 49738
      View Details
    • $1,025,000

      Grayling Charter Township Property

      Property located in Grayling Charter Township, Crawford County, Michigan.
      267 S I-75 Business Loop, Grayling, MI 49738
      View Details
    • $660,000
      2,200 SF

      Carlisle Canoe Livery

      Canoe Livery in Grayling Michigan
      100 State St, Grayling, MI 49738
      View Details
    • $2,790,000
      46,820 SF

      Grayling Industrial Facility - 46,820 SF

      Prime I-75 location, 8.55 acres, high-quality industrial building.
      758 Isenhauer Rd, Grayling, MI 49738
      View Details

    FAQs

    What type of property is this?
    Motel - 22-unit motel on 4.86 acres near I-75.
    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: - Well-maintained 22-unit motel, owned and cared for over 30 years, presents a steady stream of patrons.; - Situated on 4.86 acres on a main thoroughfare with easy I-75 access, conveniently located in Grayling, MI, near Gaylord and Traverse City.; - Includes a standalone building with 7 kitchenette units ideal for long-term rental income.
    (616) 250-6751
    Request Owner's contact information
    1024 I-75 Business Grayling, MI 49738
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1024 I-75 Business
    Grayling, MI 49738
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1024 I-75 Business Grayling, MI 49738
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.