UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 10,261 sqft
Price per Sqft $67
Municipality Grayling
MLS Listing ID 25053532
Full Baths 24
Year Built 1950
Annual Tax Amount $7,879
Tax Year 2024
Lot Size 4.860 Acres
Acres 4.86
Lot Dimensions Irregular
Property Sub-Type Business
Source Michigan Regional Information Center (MichRIC)
Property Description
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. 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.
Location
State MI
County Crawford
Area Outside Michric Area - Z
Direction I-75 from Gaylord. Use Down River Rd. Exit. West to business, I-75 to the address.
Interior
Interior Features Broadband
Heating Baseboard, Radiant
Cooling Wall Unit(s)
Inclusions Real Estate, Inventory, Furniture, Equipment
Exterior
Utilities Available Natural Gas Connected, Electricity Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 40
Building
Building Description Aluminum Siding, Outdoor Storage
Foundation Slab
Sewer Septic Tank
Structure Type Aluminum Siding
New Construction No
Schools
School District Grayling
Others
Tax ID 07000700500101
Ownership Proprietorship
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Nearby School & Business
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Nick Schweihofer
Team Leader, Broker License ID: 6506047709
Team Leader, Broker License ID: 6506047709
REVIEWS
- Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!Gordon L
- Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!Emily Rzeszutko
- Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!Kayla Kocal