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Riverside Cabin Resort
For Sale
$950,000

5973 W M-72 Highway, Grayling, MI 49738

COMMERCIAL - Grayling, MI

Property SizeContact for details
Lot Size16.00 Acres
Days on Market297

Property Features for 5973 W M-72 Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning 402 & 201
Parking features Assigned, Parking Lot
Basement Crawl Space
Subdivision T26N-R3W
Directions From downtown Grayling head west on M-72 to Finley's on left.
Standard status Active
APN 040-41-018-06-020-00, 060 & 040, 007-11-045-00
Lot size 16.00 Acres

Taxes and HOA fees

Tax Description PART OF SEC 18 AND SEC 7, T26N-R3W
Legal Description PART OF SEC 18 AND SEC 7, T26N-R3W

Utilities

Sewer type Septic Tank
Water source Well
Water front 1

Amenities

outdoor pavilion
riverside ceremony space
walking trails
kayak/canoe launch area
spring-fed pond

Building Details

Floors in Building 1
Listing Agency: Heart of Up North Realty, LLC
Listed By: Mary E. Becker · License #6504357853
Added: Oct 17, 2025 Changed: Aug 4 Last Checked: Aug 9 at 5:06PM
MLS# 201837672

Copyright © 2026 Water Wonderland Board 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.

Investment Insights

Based on property information with market context.

This resort property includes 7 furnished cabins operating as a year-round vacation rental business, along with an on-site caretaker apartment. The grounds span over 16 acres and include a covered outdoor pavilion with seating for 80, a riverside ceremony area, walking trails, a spring-fed pond, a canal connection, multiple seating areas, and a kayak and canoe launch. Parking is provided through a parking lot and assigned spaces.

The property fronts over 1000 feet of the AuSable River and sits along M-72 Highway west of downtown Grayling. Additional improvements and equipment include upgraded insulation, triple-pane windows, roof treatment, a John Deere lawn tractor/snowblower, 2 generators, and an Ankee Security System. Water is supplied by a well, with Grayling municipal water coming soon; septic service is in place. Zoning is 402 & 201.

Key Highlights

  • 7 furnished cabins supporting year‑round vacation rentals
  • Over 16 acres with over 1000 feet of AuSable River frontage
  • Outdoor pavilion with seating for 80 and a riverside ceremony area

Property Analytics

Current Use

Resorts

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Resort - Year-round lodging and event property with furnished cabins, river access, and an on-site caretaker apartment.
Where is this resort located?
The property is located at 5973 W M-72 Highway Grayling, MI.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 7 furnished cabins supporting year‑round vacation rentals; Over 16 acres with over 1000 feet of AuSable River frontage; Outdoor pavilion with seating for 80 and a riverside ceremony area
More about this property
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