615 S I 75 Business Loop, Grayling, MI 49738 (MLS# 26002439)

615 S I 75 Business Loop, Grayling, MI 49738

$340,000

4 apartments and half of round about dri

Property Type: Commercial Sale Square Footage: 15,026 Lot Size (sq. ft.): 1,089,000 Status: Sold

Current Price: $340,000 List Date: 1/20/2026 Last Modified: 9/15/2026

Overview

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.

Listing Details MLS# 26002439

Location Property Info

County: Crawford
Street #: 615
Street Direction: S
Street Name: I 75 Business
Suffix: Loop
State: MI
Zip Code: 49738
Zip (4): 6801

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 25
Lot Square Footage: 1089000
Lot Dimensions: 180x410
Year Built: 1970
Road Frontage: 180
Total # Units: 28
# Fin Bldg Lvls: 2
# of Diff Unit Floor Plans: 5
Total # Bldgs: 4
Total SqFt: 15026
Property Use Type: Business
Full Baths: 23
Waterfront: No
School District: Crawford

Tax Info

Tax ID #: 040-41-006-14-060-00
Taxable Value: 70389
SEV: 163800
For Tax Year: 2025
Seller's Annual Property Tax: 3278.47
Tax Year: 2025
Homestead %: 100

Remarks Misc

Directions: GPS will not take you there correctly. Put Dollar General Market 685 I-75 BL Grayling

Status Change Info

Under Contract Date: 2026-07-14
Sold Date: 2026-09-11
Sold Price/SqFt: 22.63

More Information

Business Opportunity

Business Description: Hotel/Motel
Business Name: North Country Lodge

Property Features

Property Use: Business Uses: Recreation; Other Ownership: LLC Business Includes: Equipment; Furniture; Inventory; Real Estate Construction Type: Frame/Wood Exterior Material: Aluminum Siding; Wood Siding Roofing: Slate Foundation: Block Below Grade: Basement; Partial Additional Features: Outdoor Storage Sewer: Septic Tank Water: Well Utilities Attached: Cable Connected; Electricity Connected Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available Heat Source: Natural Gas Heat Type: Mini-Split; Space Heater Air Conditioning: Mini-Split Driveway: Aggregate Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None Possession: Close Plus 30 Days

Listing Office: 3DX Real Estate, LLC

Listing Agent: Nancy Gladstone

Last Updated: September - 15 - 2026

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