Live - Work Space

Grayling, MI Live-work Space for Sale

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Renovated Mixed-Use Building
Updated: Nov 10
Renovated Mixed-Use Building

110 E Michigan Avenue, Grayling, MI 49738

$315,000
2,396 sqft 0.07 AC lot
1,512 SF of ground‑floor retail and office space
2025 renovation included updated lighting and electrical, new windows, and refinished wood flooring
Second‑floor residential loft leased as a corporate apartment through April 30; short‑term rentals allowed
Zoning permits conversion of the rear first‑floor space to residential use
Transferable roof warranty through 2031
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1 active listing matches your search: Live-Work for sale in Grayling, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Remodeled Live-Work Space
Remodeled Live-Work Space

2530 N Three Mile Road, Traverse City, MI 49686

$595,000
1,879 sqft 1.40 AC lot

Remodeled property supports commercial or residential use and includes a garage and parking lot.

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Live-Work Property with Office
Live-Work Property with Office

1323 S Cass Street, Traverse City, MI 49684

$849,000
1,792 sqft 0.28 AC lot

Professional workspace paired with a furnished studio residence and dedicated parking lot near Boardman Lake amenities.

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Mixed-Use Property with Storefront
Mixed-Use Property with Storefront

201 State Street, Luther, MI 49656

$232,000
3,670 sqft 0.10 AC lot

Storefront space is paired with residential quarters, central air, loft-style bedrooms, and a large garage suited to business or personal use.

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Mixed-Use Property with Garage
Mixed-Use Property with Garage

201 State Street, Luther, MI 49656

$232,000
2,590 sqft 0.10 AC lot

Storefront space with attached residential quarters supports an on-site live-work configuration.

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Grayling, MI Live-Work Space Market Trends and Statistics

Explore 1 live-work space for sale in Grayling, MI on our real estate platform. These investment opportunities span a total of 2,396 square feet of properties for sale, with an estimated market value of $315,000.

Sale prices for live-work properties in Grayling, MI average $315,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office buildings 2
Creative space 1
Office Units 1

Demographics Overview

Population 9,599
Population Growth (5Y) +0.0%
Median Household Income $57,573
College Educated 14.6%

Taxes & Financing

Tax Rate (average for all types) 2.14%
Property Tax per SF $79.70 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Crawford County

New Delisted

Total CRE Inventory on Market (SF)

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