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Office Building with Full Basement
New
For Sale
$229,000

5653 Walker Drive, Grayling, MI 49738

Commercial, Grayling, MI

Property Size2,480 SF
Lot Size0.41 Acres
Price / SF$92.34
Days on Market2

Property Features for 5653 Walker Drive

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Commercial
Exterior features Wood
Lot features Corner Lot
Directions West on M-72 1/4 mile to Walker Dr. Property on Right at the corner of M-72 West and Walker Dr.
Subdivision Crawford
Standard status Active
Size 2,480 SF
Lot size 0.41 Acres

Taxes and HOA fees

Tax Description LOTS 1 & 2, GREEN TIMBERS SUBDIVISION.
Legal Description LOTS 1 & 2, GREEN TIMBERS SUBDIVISION.

Amenities

high speed internet
city water service

Building Details

Building materials Frame
Roof type Asphalt
Listing Agency: CENTURY 21 REALTY NORTH-HOUGHTON LK
Listed By: TODD JANSEN · License #6&8203;5&8203;0&8203;2&8203;4&8203;0&8203;8&8203;8&8203;9&8203;3
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 7:06PM
MLS# 1951623

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 2,480-square-foot office building sits on a 0.41-acre parcel and includes a full, dry basement. Frame construction, wood exterior features, and an asphalt roof define the building’s physical components. Furnishings may remain, or the seller can deliver the space empty.

The property is on Walker Drive in Grayling, Michigan. Average daily traffic in front of the building is 12,000. City water service and access to high-speed internet are available. The site also has paved parking and C-3A General Commercial zoning.

Key Highlights

  • 2,480‑square‑foot office building on 0.41 acres
  • Full, dry basement
  • C‑3A General Commercial zoning

Property Analytics

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Current Use

Dr. Mark W. ... Dental Office

Suggested Use

Top Pick Dental Office HVAC Service Parking Lot & Garage Building Supply Electrical Service Garden Center

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

340
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - C-3A General Commercial zoning and paved parking support a range of office uses.
Where is this office building located?
The property is located at 5653 Walker Drive Grayling, MI.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 2,480‑square‑foot office building on 0.41 acres; Full, dry basement; C‑3A General Commercial zoning
More about this property
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