Riverside Cabin
For Sale
$850,000
5973 W M-72 Highway, Grayling, MI 49738
Commercial Sale, Grayling, MI
Property SizeContact for details
Lot Size16.00 Acres
Days on Market344
Property Features for 5973 W M-72 Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
402 & 201
Parking features
Parking Lot, Assigned
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
canal
spring-fed pond
kayak/canoe launch
seating areas
Building Details
Floors in Building
1
Listing Agency:
Heart of Up North Realty, LLC
(989) 889-1205
Listed By:
Mary E. Becker · License #6504357853
(586) 242-1179
Added: Oct 17, 2025
Changed: Sep 13
Last Checked: Sep 25 at 7:06PM
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 across 16 acres of wooded land along more than 1,000 feet of AuSable River frontage. The accommodations have been remodeled and equipped for year-round rental use, with insulated foundations, triple-pane windows, and roof treatment supporting the improvements. An on-site caretaker apartment adds operational support.
Event facilities include a pavilion with seating for 80, a riverside ceremony area, multiple gathering spaces, and ample parking. The grounds also feature wooded walking paths, access to a canal, a spring-fed pond, and a kayak and canoe launch area. Included equipment consists of a John Deere lawn tractor/snowblower, 2 generators, and an Ankee Security System. The property uses well water and a septic tank and is situated on M-72 west of downtown Grayling.
Event facilities include a pavilion with seating for 80, a riverside ceremony area, multiple gathering spaces, and ample parking. The grounds also feature wooded walking paths, access to a canal, a spring-fed pond, and a kayak and canoe launch area. Included equipment consists of a John Deere lawn tractor/snowblower, 2 generators, and an Ankee Security System. The property uses well water and a septic tank and is situated on M-72 west of downtown Grayling.
Key Highlights
- 7 furnished cabins on 16 wooded acres
- More than 1,000 feet of AuSable River frontage
- Pavilion accommodates seating for 80
Property Analytics
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Current Use
Lease Details
7
Residential units
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Resort - Year-round lodging operation with furnished cabins, event facilities, river frontage, and on-site caretaker housing.
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 $850,000.
What are key features of this property?
This property features: 7 furnished cabins on 16 wooded acres; More than 1,000 feet of AuSable River frontage; Pavilion accommodates seating for 80
