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Realty Executives Showcase Commercial

showcasecommercial@realtyexecutives.com +1(586) 726-4600

$ 1,025,000

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267 S I-75 Business Loop Grayling Twp, MI 49738

8,947 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business Opportunity

Listing Status Active

Purchase Type For Sale

Square Footage 8,947 sqft

Price per Sqft $114

MLS Listing ID 78080062396

Year Built 1970

Lot Size 4.290 Acres

Acres 4.29

Lot Dimensions 200x900

Property Sub-Type Business Opportunity

Source Aspire North REALTORS®

Property Description

This turnkey opportunity is a highly desirable commercial offering in the heart of Grayling, Michigan, presenting the chance to acquire both an established motor lodge business and real estate. The current owners have cultivated a successful operation and an outstanding reputation over more than 20 years, positioning the property for continued success. The versatile accommodation mix on 4.29 acres, features a total of 20 well-maintained guest rooms with 33 beds across multiple structures, including standard motor lodge rooms and two unique cabin units, with additional space available for two recreational vehicles. For an owner-operator, a comfortable 1,400 square foot house is included, complete with two bedrooms, the potential for a non-conforming third room, one bathroom, and an attached motor lodge office for efficient for centralized management. An on-site workshop aids in keeping the property in excellent condition. A commitment to quality is evident through consistent maintenance and recent capital improvements, such as updated bathrooms, flooring, the installation of keyless entry systems, and enhanced security measures. The property's well-landscaped grounds maximize the guest experience, featuring desirable amenities like a picnic pavilion with a grill, a playground area, and various recreational activities. This location offers high visibility and exposure, benefiting from a Michigan Department of Transportation average daily traffic count of 1,213. Zoning information can be found at: www.twp.grayling.mi.us/zoning-ordinances. Showings are by appointment only. To ensure the continuity of business operations, please refrain from discussing this listing with the employees.

Location

State MI

County Crawford

Area Grayling Twp

Zoning Commercial

Interior

Heating Baseboard, Wall Furnace

Heat Source Natural Gas

Exterior

Roof Type Asphalt,Metal

Building

Foundation Slab, Basement

Sewer Septic Tank (Existing)

Water Well (Existing)

Structure Type Frame,Wood

Schools

School District Crawford Ausable

Others

Tax ID 040410060308001

Ownership Private Owned

Acceptable Financing Cash, Other, Trade/Exchange

Listing Terms Cash, Other, Trade/Exchange

Financing Cash,Other,Trade/Exchange

Special Listing Condition Unknown/Data Share Listings

Listed by Deirdre Carroll of CENTURY 21 Northland

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Realty Executives Showcase Commercial

+1(586) 726-4600

showcasecommercial@realtyexecutives.com