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    1164 I-75 Business Loop Grayling, MI 49738

    Sponsored
    For Sale
    $125,000

    Prime Restaurant Location, 2.45 Acres

    Property size:
    1,870 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional business opportunity in Grayling, Michigan presents a unique chance to establish your dream restaurant or similar venture. The property boasts a substantial 1,870 square foot building situated on a generous 2.45-acre lot, offering ample space for expansion and outdoor amenities. The existing structure includes some kitchen appliances, providing a head start for your culinary endeavors. Two additional sheds on the property offer versatile storage solutions, potentially adaptable for various business needs. The expansive acreage allows for significant flexibility in design and development, accommodating outdoor seating, parking, or even additional structures. Located at 1164 S I-75 Business Loop, Grayling, MI, this property benefits from high visibility and convenient access to the I-75 Business Loop, ensuring excellent exposure to potential customers. The asking price for this turnkey opportunity is $125,000, representing a compelling investment in a thriving community. This is an ideal location for entrepreneurs seeking a well-positioned property with significant potential for growth and customization. The existing building and sheds offer a solid foundation for immediate use, while the ample land provides room for future expansion and development to perfectly suit your business vision. Don't miss this chance to own a substantial piece of commercial real estate in a desirable location.

    Property Features for 1164 I-75 Business Loop

    General Information

    Property type
    Investment properties
    Square Feet
    1,870 SF
    Lot Size
    106,722 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Grayling
    County
    Crawford
    State
    Michigan
    Longitude
    -84.71848
    Latitude
    44.66822

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    FAQs

    What type of property is this?
    Investment property - Prime Restaurant Location, 2.45 Acres
    Where is this investment property located?
    The property is located at 1164 I-75 Business Loop Grayling, MI.
    What is the asking price?
    The asking price for this property is $125,000.
    (989) 745-6004
    Request Owner's contact information
    1164 I-75 Business Loop 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
    1164 I-75 Business Loop Grayling, MI 49738
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