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About the Listing 650001916079 - 65140003723980
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 4.86 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.
Listing Highlights
Interior Details
- Appliances:
- Air Cond:
- Heating: Baseboard,Radiant,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 10261
- Basement: Slab
- Other: Baseboard,Radiant
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: Irregular
- Roof: Composition
- Others: Aluminum,Block,Frame,Wood,Paved
- Sewer: Sewer (Sewer-Sanitary),Septic Tank (Existing)
Financial Details
- Tax Amount: $7,879
- Taxes w/Assessments: N/A
- Tax/Property ID: 07000700500101
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1024 I-75 Business Grayling, MI 49738
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