1024 I-75 Business Grayling, MI 49738

Property Details for 1024 I-75 Business

Year built

1987

Lot size

4.83 lot acres

Property size

2,041 SF

Zone code

C-3A

Property type

Commercial real estate

APN

070-007-005-001-01

APU

7000700500101

Description

This exceptional 21-unit motel presents a unique investment opportunity in Grayling, Michigan. Situated on a sizable 4.83-acre lot directly on the I-75 Business Loop, this property boasts a remarkable 50-year history of successful operation. The motel's prime location offers easy access to Camp Grayling and the Air National Guard Base, ensuring a consistent stream of travelers, military personnel, and tourists. The property includes a well-maintained, attached two-bedroom, two-bathroom owner/management residence, providing convenient on-site living. Two of the motel units are equipped with kitchenettes, enhancing guest comfort and flexibility. The property's substantial size and established reputation make it an attractive prospect for both continued operation under the current successful model or for redevelopment and rebranding. The asking price is $850,000 for the entire 10,240 square foot property, offering a turnkey business ready for immediate income generation. This is a rare chance to acquire a well-established and profitable business in a high-traffic location. The property's long-standing success and prime location combine to create a compelling investment opportunity with significant potential for future growth.