5688 M-72 Hwy Grayling, MI 49738
- Office Properties & Spaces
- 3,408 SF
- 0.78 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 5688 M-72 Hwy
- Year built
- 1976
- Lot size
- 0.78 lot acres
- Property size
- 3,408 SF
- Property type
- Office Properties & Spaces
Description
This exceptional 3,408 square foot office building in Grayling, Michigan, presents a unique investment opportunity. Strategically located on the busy M-72 Highway near M-93, it boasts high visibility and significant signage potential. Daily traffic counts exceeding 10,000 vehicles (2022 data) ensure maximum exposure for your business. The building features 14 private offices arranged in three distinct sections, offering flexibility for multiple tenants or a single large occupant. A convenient copy/work room, three private restrooms, a small kitchen, and two reception/lobby areas add to the functionality. The layout is easily adaptable to accommodate three separate businesses, each with its own restroom and reception area, or a co-working style setup. Modern amenities include fast fiber optic internet access, redundant heating systems for reliable climate control, and full air conditioning. Ample paved parking is available on this drive-through property. The 0.78-acre lot provides ample space. The sellers are open to a lease-back arrangement for one-third of the building, offering a potential income stream. This property is priced at $249,900.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grayling
- County
- Crawford
- State
- Michigan
- Longitude
- -84.7215
- Latitude
- 44.6617
