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    Grayling, MI
    Mixed-Use

    Grayling, MI Mixed-use Properties for Sale

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    Frederic, MI Roscommon, MI Kalkaska, MI Marquette, MI Fife Lake, MI Gaylord, MI Mancelona, MI Houghton Lake, MI
    Motel Property With On-Site Residences
    Updated: Jan 20
    Motel Property With On-Site Residences

    615 S I 75 Business Loop, Grayling, MI 49738

    $779,000
    15,026 sqft 25.00 AC lot
    23 motel rooms, including 4 jacuzzi suites and 8 kitchenette units
    Four 2‑bedroom condo‑style apartments with attached garages
    Additional 2‑bedroom apartment and 2‑bedroom owner's residence
    25‑acre property with a separate commercial building
    Large pole barn/garage with upper‑level storage or expansion space
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Grayling, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

    Versatile Commercial Property on Main Thoroughfare
    Versatile Commercial Property on Main Thoroughfare

    6415 W Houghton Lake Drive, Houghton Lake, MI 48629

    $149,900
    20,473 sqft

    Live, work, and invest in one convenient location.

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    Waterfront Mixed-Use Property
    Waterfront Mixed-Use Property

    8848 State Avenue, Houghton Lake, MI 48629

    $425,000
    2,880 sqft 0.32 AC lot

    Commercial waterfront zoning supports retail, restaurant, motel, and residential uses.

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    Mixed-Use Downtown Building
    Mixed-Use Downtown Building

    1-144 River St, Elk Rapids, MI 49629

    $499,000
    2,953 sqft

    Ground-floor commercial space with a garden studio apartment and lower-level storage, supported by B2 zoning.

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    Historic Mixed-Use Building with Gallery
    Historic Mixed-Use Building with Gallery

    128 River Street, Elk Rapids, MI 49629

    $1,305,000

    Historic mixed-use building with original bank vault and an established fine art gallery plus an owner’s residence.

    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.

    Vacant Commercial Land with Highway Frontage
    Vacant Commercial Land with Highway Frontage

    W Houghton Lake Drive, Houghton Lake, MI 48629

    $169,000
    2.00 AC lot

    Vacant parcel with long highway frontage and a small wetland, plus existing billboard revenue.

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    Elmira Land Parcel on Woodward
    Elmira Land Parcel on Woodward

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

    $63,900
    1.60 AC lot

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

    View details

    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 average $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%

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Crawford County

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