Grayling, MI
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    Grayling, MI Mixed-use Properties for Sale

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    Frederic, MI Roscommon, MI Kalkaska, MI
    Turnkey Income Property with On-Site Living
    $779,000
    15,026 SF
    Turnkey Income Property with On-Site Living

    615 S I 75 Business Loop, Grayling, MI 49738

    Diversified income property featuring apartments, motel, and commercial building.
    • Includes four 2‑bedroom condo‑style apartments with attached garages, plus an additional 2‑bedroom unit with private entrance and a 2‑bedroom owner’s residence.
    • Hospitality setup with 23 motel rooms: 4 jacuzzi suites and 8 kitchenette units for nightly and extended‑stay guests.
    • Separate commercial building on‑site for additional rental income or business use.
    • New roofs throughout; underground sprinkler system to support the property grounds.
    • Well and septic tank utilities, with cable available and broadband access; heating via space heater.
    Updated: Jan 20
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Grayling, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Restaurant/Bar Opportunity Near Big Lake
    $195,000
    4,122 SF
    Restaurant/Bar Opportunity Near Big Lake

    East Gaylord restaurant/bar with ample seating and storage.

    1070 Big Lake Road, Gaylord, MI 49735

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    Higgins Lake Mixed-Use Opportunity
    $234,900
    2,983 SF
    Higgins Lake Mixed-Use Opportunity

    Versatile property near Higgins Lake with multiple income streams.

    10028 W Higgins Lake, Roscommon, MI 48653

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    Commercial Space in Downtown Gaylord
    $245,000
    1,792 SF
    Commercial Space in Downtown Gaylord

    Mixed-use property with office space, apartment, and garage.

    1412 S Otsego Avenue, Gaylord, MI 49735

    View details
    Roscommon Commercial Property with Living
    $225,000
    Roscommon Commercial Property with Living

    Mixed-use commercial property featuring living quarters and retail space.

    1775 N M-18, Roscommon, MI 48653

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land on Highway M-55
    $169,000
    2.00 Acres
    Commercial Land on Highway M-55

    Vacant commercial property with highway frontage and billboard revenue.

    XXX W Houghton Lake Drive, Houghton Lake, MI 48629

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    Elmira Land Parcel on Woodward
    $63,900
    1.60 Acres
    Elmira Land Parcel on Woodward

    1.6-acre parcel with meadow and woods near M-32 Highway.

    V/L 1.6AC Woodward Avenue, Elmira, MI 49730

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    Industrial Park Land For Sale
    $40,000
    2.00 Acres
    Industrial Park Land For Sale

    Two-acre industrial park land with city amenities.

    0 18 Progress Street, West Branch, MI 48661

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    Industrial Park Land For Sale
    $40,000
    2.00 Acres
    Industrial Park Land For Sale

    Two-acre industrial park land with city amenities.

    0 4 Progress Street, West Branch, MI 48661

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    Grayling, MI Mixed-Use Properties Market Trends and Statistics

    Explore 1 mixed-use properties for sale in Grayling, MI on our real estate platform. These investment opportunities span a total of 15,026 square feet of properties for sale, with an estimated market value of $779,000.

    Sale prices for multi use buildings in Grayling, MI start at $779,000, averaging $779,000, and reaching up to $779,000 — 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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    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Grayling submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49738 $779K

    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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