615 S I-75 Business Loop $1,200,000

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    615 S I-75 Business Loop Grayling, MI 49738

    • 16,000 sq. ft.
    • 25.00 Acres
    • Commercial
    • MLS# 24045319
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    Views: 18 Days On Site: 78

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    Property Details

    This is 3 separate parcels which contain a motel with 23 rooms, 1 2-bedroom apartment over driveway, and a 2-bedroom owners quarters. 4 of those rooms have Jacuzzis, and 8 of the rooms have kitchenettes. All but 4 of the motel rooms are rented as extended stays. There are 4 condo-type 2-bedroom apartments. A commercial building with is currently being leased and is a resale shop. There is a huge pole barn/garage and 8 outbuildings. There is a tiny house that is negotiable. I cabin that is being rent-to-own. There is a screen house, fire pit, 3 bbq grills, and sprinkler system.

    • General Features
      • Year Built 1970
      • New Construction Y/N false
      • Business Type Other
      • County Or Parish Crawford
      • Property Sub Type Business
      • Tax Annual Amount 3144.88
    • Building Features
      • Cooling Wall Unit(s)
      • Cooling Y/N true
      • Foundation Details Block
      • Construction Materials Aluminum Siding
      • Building Area Total 16000.0
      • Roof Composition
      • Number Of Units Total 28
      • Heating Y/N true
      • Heating Forced Air
      • Full Bathrooms 29
      • Bathrooms 29
      • Sewer Septic System
    • Property Features
      • Lot Size Acres 25
      • Lot Size Area 25.0
      • Number Of Buildings 5
      • Utilities Cable Connected
      • Water Source Well
      • Waterfront Y/N false
    • Schools
      • High School District Crawford

    Neighborhood

    49738 (Grayling) Demographics

    51 Median Age
    33 Population Density (per sq. mile)
    31% College Educated
    $49,500 Estimated Median Income
    3,361 Estimated Total Home Owners
    993 Estimated Total Renters
    77% / 23% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    9,922 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $166,000 Median Sales Price
    15 Homes Sold
    30 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,200,000
        8/28/2024 8:14:00 PM New in Database Source: Multiple Listing Service New Value: $1,200,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.