Pending
615 S I 75 Business Loop, Grayling, MI 49738
$779,000
MLS # 26002439 (Michigan Regional Information Center (MichRIC))
23 bathsBuilt 197025 acres
1 / 11
Listing Description
Rare turnkey opportunity offering diversifiedincome with on-site living. Property features four 2-bedroom condo-style apartments with attached garages, an additional 2-bedroom apartment with private entrance, a nd a comfortable 2-bedroom owner's residence. The hospitality operation includes 23 motel rooms, highlighted by 4 jacuzzi suites and 8 kitchenette units, ideal for nightly and extended-stay guests. A separate commercial building adds flexibility for rental income or business use. Guest-friendly amenities include a screen house, fire pit, and three BBQ grills. There is a large pole barn/garage with an upper level for storage or expansion. Property is well maintained with new roofs throughout and an underground sprinkler system, minimizing near-term capital needs. An excellent opportunity to live on site while operating a proven, income-producing property with strong cash flow and long-term upside.
Source: SparkMLS
About this home
23-bath home in Grayling built in 1970.
Asking $779,000.
Property tax estimate: $3,278 per year ($273/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company. Fiber internet is available at this address with download speeds up to 7,000 Mbps across 8 providers.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeBusiness Opportunity
Bathrooms23
Lot Size25 acres
Year Built1970
Location
CityGrayling
MunicipalityGrayling
Zip Code49738
CountyCrawford
School DistrictCrawford
Construction & Systems
ConstructionAluminum Siding, Wood Siding
HeatingSpace Heater
WaterWell
SewerSeptic Tank
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Electricity Connected, Cable Connected
InteriorBroadband
Sale & Financing
Listed1/19/2026
Original Price$899,999
Terms AcceptedConventional, Cash
Source: SparkMLS
Tax Information
Annual Tax$3,278
Tax Year2025
Assessed Value$70,389
Parcel #040-41-006-14-060-00
Source: SparkMLS
Legal Description
DIST;040 CITY/MUNI/TWP:GRAYLING TWP SEC/TWN/RNG/MER:SEC 06 TWN 26N RNG 03W COMM AT SE COR OF SEC 6 T26N R3W OF NW/4 O
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Nancy Gladstone
3DX Real Estate, LLC
Frequently Asked Questions about 615 S I 75 Business Loop, Grayling, MI 49738
Which school district serves 615 S I 75 Business Loop, Grayling, MI 49738?
Per MLS# 26002439, 615 S I 75 Business Loop, Grayling, MI 49738 is in the Crawford boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Crawford directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 26002439, this listing accepts Conventional, Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 615 S I 75 Business Loop, Grayling, MI 49738?
Per public tax records, annual property taxes for this property are $3,278 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 615 S I 75 Business Loop, Grayling, MI 49738 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 615 S I 75 Business Loop, Grayling, MI 49738 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 615 S I 75 Business Loop, Grayling, MI 49738. The maximum advertised download speed is 7.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 615 S I 75 Business Loop, Grayling, MI 49738?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Grayling police department or the Crawford County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$5,053
Principal & interest$5,053
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
7 Gbps
Upload
7 Gbps
FiberCableGSO SatelliteSatelliteLicensed Fixed Wireless
8 providers at this address
FrontierFiber
7 GbpsSpectrumCable
1 GbpsStarlinkGSO Satellite
280 MbpsViasat IncSatellite
150 MbpsHughesNetSatellite
100 MbpsAT&TLicensed Fixed Wireless
25 MbpsBug Tussel Wireless LLCLicensed Fixed Wireless
10 MbpsT-MobileLicensed Fixed Wireless
0 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
615 S I 75 Business Loop, Grayling, MI 49738
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