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Property profile

1081 I-75Bl Grayling, MI 49738

OFF-MARKET
Retail properties & Spaces
5,300 SF
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Property summary

AI-generated overview

This exceptional 5,300 square foot commercial property, located at 1081 I-75BL in Grayling, Michigan (APN 070-200-027-007-00), presents a remarkable investment opportunity. Boasting high visibility due to its prominent highway frontage, this versatile space offers endless possibilities for a variety of businesses. Currently configured as a beauty college, the building has a rich history, previously operating as a restaurant. Its adaptable layout allows for easy division into two separate units, each with independent utility access. The property features updated lighting, a large paved parking lot, and an enclosed front screened deck. A full basement provides ample storage and potential for additional space, such as a meeting room or even living quarters, ideal for owner-operators. The property is zoned for commercial use and is situated in the city of Grayling, Crawford County, Michigan, 49738. Multiple entry accesses enhance functionality and convenience. This prime location, combined with the building's flexible design and substantial square footage, makes it an ideal choice for a wide range of commercial ventures, including restaurants, offices, or retail establishments. Don't miss this chance to acquire a highly visible and adaptable property in a thriving Michigan community.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,300 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1081 I-75Bl Grayling, MI 49738
Grayling metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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