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$694,900 Just Listed
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Property Description
The possibilities are endless with this well-maintained gem. Located in Grayling, the gateway of the North. Minutes from Gaylord, MI, and an easy drive to Traverse City. Grayling, MI, is a small town that is experiencing some nice growth due to the Air Force Base, New Restaurants, New housing developments, etc. It makes a great place to stay with its proximity to the tip of the Mitt, and both NE & NW Michigan. This 22-unit motel has been very well maintained throughout the years, with a steady stream of patrons. Owned and cared for for over 30 years, it's time to hand the investment over to a new owner. Situated on 4.86 acres, on a main thoroughfare, with easy access to I-75, but set back enough for a peaceful setting. It features: a standalone building with 7 kitchenette units, that could be used for long term rental, for a constant cash flow, plus an 1800 sq ft home connected to the main motel, that features: a large master suite, cathedral ceilings, and a large kitchen and living area. Lots of parking, a large maintenance building that could be used for on-site laundry, and more. Priced accordingly for some of the decor that could use an update. All showings must present an approval letter or proof of funds.
Full Property Details
Full Property Details for 1024 I-75 Business
General
- Price: $694,900
- Taxes: $7,879
- Status: Active
- Type: Business
- Source: SWMRIC_MLS
- MLS ID: 25053532
- Updated: Today (8/27/2026)
- Added to Site: Today
Business
- Business Type: Other
Interior
- Interior Features: Broadband
Rooms
Bathrooms
- Total Bathrooms: 24
- Full Bathrooms: 24
Parking
- Total Spaces: 40
Location
- Area: Outside MichRIC Area - Z
- County: Crawford
- Cross Streets: Down River Road / Business I75
- Driving Directions: I-75 from Gaylord. Use Down River Rd. Exit. West to business, I-75 to the address.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Baseboard, Radiant
Utilities
- Sewer: Septic Tank
- Utility Description: Natural Gas Connected, Electricity Connected
Structural Information
- # Buildings: 3
- Construction: Aluminum Siding
- Foundation: Slab
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 10,261
- Year Built: 1950
Lot Features
- Lot Size (Acres): 4.86
- Lot Size (Sq. Ft.): 211,702
- Lot Dimensions: Irregular
- Frontage: Paved
Financial Considerations
- Tax Amount: $7,879
- Terms: Conventional, Cash
Disclosures and Reports
- Ownership: Proprietorship
- Legal Description: LL on File @ Listing office
- Property ID: 7000700500101
Listed by EXP Realty LLC, Thomas A Rumble
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Schools
Schools serving 1024 I-75 Business
School District:Crawford Ausable Schools
| Name | Grades | Distance |
|---|---|---|
Grayling Middle School 500 Spruce Street, Grayling, MI 49738 | 6-8 | 0.5 mi |
Grayling Elementary - Ausable Primary School 306 Plum Street, Grayling, MI 49738 | PK-5 | 0.7 mi |
Grayling High School 1135 North Old 27, Grayling, MI 49738 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1024 I-75 Business
Date
Details
Price
Change
Source
10/17/2025
Listed
$694,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1024 I-75 Business
1024 I-75 Business, Grayling, MI 49738 (MLS# 25053532) is a Business property. 1024 I-75 Business is currently listed for $694,900 and was received on August 28, 2026. Want to learn more about 1024 I-75 Business? Do you have questions about finding other Business real estate for sale in Grayling? You can browse all Grayling real estate or contact a Coldwell Banker agent to request more information.

