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Historic Retail-Office Building
For Lease
$400/Mo

501 N James St, Grayling, MI 49738

Historic downtown suites offer flexible layouts for a range of retail and office tenants.

Space SizeContact for details
Days on Market47

Property Features for 501 N James St

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Homewaters, L.L.C. Grayling.
Listed By: Michelle Millikin
Source: Smithrealtygaylord
Added: Jul 7 Changed: Aug 14 Last Checked: Aug 22 at 7:33AM

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 Homewaters, L.L.C. Grayling.

Investment Insights

Based on property information with market context.

The Brickery is a historic commercial building offering multiple suites for lease with flexible floor plans designed to accommodate businesses of different sizes. The property has previously housed retail, a hair salon, a fitness studio, and professional office space, reflecting a versatile interior configuration suitable for varied tenant uses.

Located downtown in Grayling, the building is described as a recognizable local landmark and is positioned within walking distance of shopping, dining, and community events. The offering includes multiple suite sizes, allowing tenants to right-size their footprint for day-to-day operations.

For tenants seeking a downtown presence with adaptable space, The Brickery provides an option to lease a commercial suite that can align with retail, wellness, or professional requirements. The landlord is willing to consider leasehold improvements for qualified tenants, which may help support customization of the space to better fit operational needs.

Key Highlights

  • Multiple commercial suites available for lease at The Brickery in downtown Grayling
  • Lease rates start at $1.00 per square foot
  • Flexible floor plans designed to accommodate businesses of various sizes

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office HVAC Service Parking Lot & Garage Building Supply Electrical Service Storage Facility

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

604
Businesses Nearby

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Historic downtown suites offer flexible layouts for a range of retail and office tenants.
Where is this office units located?
The property is located at 501 N James St Grayling, MI.
What is the lease rate?
The lease rate is $400/Mo.
What are key features of this property?
This property features: Multiple commercial suites available for lease at The Brickery in downtown Grayling; Lease rates start at $1.00 per square foot; Flexible floor plans designed to accommodate businesses of various sizes
More about this property
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