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1024 S.I-75 Business Loop
Grayling MI 49738 US

$694,900

Active Under Contract Listing ID 11592071
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24 bed
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24.00 Bath (24 Full)
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Lot: 4.83 Acres
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Other

$694,900

Active Under Contract Listing ID 11592071
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1024 S.I-75 Business Loop 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 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.

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Property Features

  • Facts
  • Lot Size: 4.83 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 24
  • Floor Covering: Carpet, Laminate
  • Roof Type: Asphalt
  • Heating Fuels: Baseboard

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 694900
  • unparsedaddress: 1024 S.I-75 Business Loop
  • postalcity: Grayling
  • stateorprovince: MI
  • country: US
  • postalcode: 49738
  • bathroomsfull: 24
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 4.83
  • lotsizeunits: Acres
  • lotsizearea: 4.83
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 44.670042
  • longitude: -84.718485
  • listagentfullname: Tom Rumble
  • listagentemail: rprg.corp@gmail.com
  • listagentkey: 3yd-NYSMLS-219453
  • listagentmlsid: 219453
  • listagentofficephone: 6162506751
  • listofficekey: 3yd-NYSMLS-25122
  • listofficemlsid: 25122
  • disclaimer: Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • yearbuilt: 1950
  • listingcontractdate: 2025-10-17
  • countyorparish: Crawford
  • highschooldistrict: Grayling
  • constructionmaterials: Aluminum
  • flooring: Carpet, Laminate
  • heating: Baseboard
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 2, Bedroom 24, Bathroom 13, Bedroom 6, Bedroom 12, Bathroom 2, Bedroom 1, Laundry Room, Bathroom 21, Bathroom 15, Bedroom 15, Bedroom 19, Bedroom 7, Bathroom 10, Bathroom 6, Bathroom 17, Bedroom 8, Bedroom 23, Bathroom 4, Bathroom 9, Bedroom 3, Bathroom 18, Bathroom 20, Bedroom 5, Bedroom 4, Bedroom 22, Bathroom 23, Bathroom 1, Bedroom 20, Bedroom 9, Bedroom 21, Bathroom 11, Bathroom 24, Bedroom 16, Bedroom 11, Bedroom 18, Bedroom 10, Bathroom 7, Bathroom 12, Bathroom 14, Bathroom 19, Bathroom 16, Bedroom 13, Bathroom 5, Bathroom 3, Bedroom 17, Bathroom 8, Bathroom 22, Bedroom 14
  • securityfeatures: Security System
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.71848, 44.67004
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"rprg.corp@gmail.com", "ListBrokerageCity":"Novi", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"eXp Realty", "ListBrokeragePhone":null, "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"39555 Orchard Hill Place, Suite 600", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":" 39555 Orchard Hill Place, Suite 600", "ListOfficeAddress2":"", "ListOfficeBrokerMlsId":"25122", "ListOfficeCity":"Novi", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"48375", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Grayling, MI", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1024-S-I-75-Business-Loop_Grayling_MI_49738_M99498-30865?f=listhub&s=NYSMLS&m=11592071&c=rexren", "MLSModificationTimestamp":"2025-11-14 00:32:50", "Neighborhoods":[], "PostalCode":null, "RoomCount":35, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/2/2026 9:20:00 PM GMT
Source Updated Date: 7/8/2026 12:43:38 AM GMT

Courtesy of: Tom Rumble, eXp Realty, rprg.corp@gmail.com

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.