REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Deirdre Carroll • CENTURY 21 Northland
$ 1,025,000
Est. payment /mo
New
267 S I-75 Business Loop Grayling, MI 49738
8,947 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hospitality
Listing Status Active
Purchase Type For Sale
Square Footage 8,947 sqft
Price per Sqft $114
Subdivision Mi
MLS Listing ID 1939153
Year Built 1970
Lot Size 4.290 Acres
Acres 4.29
Lot Dimensions 200x900
Property Sub-Type Hospitality
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
Zoning Commercial,Motel/Hotel
Rooms
Basement Partial, Slab
Interior
Heating Baseboard, Wall, Other
Cooling Baseboard, Wall, Other
Exterior
Exterior Feature Wood
Roof Type Asphalt,Metal
Present Use Other
Road Frontage Public Maintained, Blacktop
Building
Sewer Private Septic
Water Private Well
Others
Tax ID 040-41-006-03-080-01
Ownership Private Owner
Acceptable Financing Commercial Loan, Cash, 1031 Exchange, Other
Listing Terms Commercial Loan, Cash, 1031 Exchange, Other
