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.
Under contract
$694,900
1024 S Interstate Highway 75 Business Loop, Grayling, MI 49738
24beds
--sqft
Single Family Residence
Built in 1950
4.83 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Main thoroughfareCathedral ceilingsLarge master suite
- 258 days |
- 6 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Tom Rumble 616-250-6751,
eXp Realty 616-250-6751
Source: My State MLS,MLS#: 11592071
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 24
- Full bathrooms: 24
Rooms
- Room types: Dining Room, Kitchen, Laundry Room, Master Bedroom
Kitchen
- Features: Eat-in Kitchen, Laminate Counters
Basement
- Area: 0
Heating
- Baseboard, Zoned
Cooling
- Wall/Window Unit(s), Zoned
Features
- Flooring: Carpet, Laminate
- Basement: Slab
- Has fireplace: No
Interior area
- Total structure area: 10,261
- Finished area above ground: 10,261
Property
Parking
- Total spaces: 5
- Parking features: Detached
- Garage spaces: 5
Features
- Stories: 2
Lot
- Size: 4.83 Acres
Details
- Parcel number: 07099002000200
- Lease amount: $0
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Aluminum Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1950
- Major remodel year: 1980
Utilities & green energy
- Electric: Amps(200)
- Sewer: Municipal
- Water: Municipal
- Utilities for property: Naturl Gas Available
Community & HOA
Community
- Security: Alarm, Fire Sprinkler System
HOA
- Has HOA: No
Location
- Region: Grayling
Financial & listing details
- Date on market: 10/17/2025
- Date available: 10/17/2025
Estimated market value
Not available
Estimated sales range
Not available
$1,624/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Contingent | $694,900 |
Source: My State MLS #11592071 Report a problem | ||
| 10/17/2025 | Listed for sale | $694,900 |
Source: My State MLS #11592071 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 49738
Nearby schools
GreatSchools rating
- 6/10Grayling Middle SchoolGrades: 5-8Distance: 0.5 mi
- 7/10Grayling High SchoolGrades: 9-12Distance: 2.2 mi
- 6/10Grayling Elementary - Ausable Primary SchoolGrades: PK-4Distance: 0.6 mi
Schools provided by the listing agent
- District: Grayling
Source: My State MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Michigan
- Crawford County
- Grayling
- 49738
- 1024 S Interstate Highway 75 Business Loop

