267 S I-75 Business Loop, Grayling, MI 49738
sale
$1,025,000
|
Hospitality
Listed By CENTURY 21 Northland
241 E. State St., Traverse City, MI 49684
This turnkey opportunity is a highly desirable commercial offering in the heart of Grayling, Michigan, presenting the chance to acquire both an established motor lodge business and real estate. The current owners have cultivated a successful operation and an outstanding reputation over more than 20 years, positioning the property for continued success. The versatile accommodation mix on 4.29 acres, features a total of 20 well-maintained guest rooms with 33 beds across multiple structures, including standard motor lodge rooms and two unique cabin units, with additional space available for two recreational vehicles. For an owner-operator, a comfortable 1,400 square foot house is included, complete with two bedrooms, the potential for a non-conforming third room, one bathroom, and an attached motor lodge office for efficient for centralized management. An on-site workshop aids in keeping the property in excellent condition. A commitment to quality is evident through consistent maintenance and recent capital improvements, such as updated bathrooms, flooring, the installation of keyless entry systems, and enhanced security measures. The property's well-landscaped grounds maximize the guest experience, featuring desirable amenities like a picnic pavilion with a grill, a playground area, and various recreational activities. This location offers high visibility and exposure, benefiting from a Michigan Department of Transportation average daily traffic count of 1,213. Zoning information can be found at: www.twp.grayling.mi.us/zoning-ordinances. Showings are by appointment only. To ensure the continuity of business operations, please refrain from discussing this listing with the employees.
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Property Features
- Building Area: 8947.00 SF
- Cooling: Wall Unit A/C
- Cross Docks: N
- Exterior Description: Wood Siding
- For Auction: N
- Heating - Fuel Type: Gas
- Heating Type: Baseboard
- MLSID: 1939153
- Parking Places: 0
- Price Per Area: 114.56
- Price Upon Request: N
- Road Type: City / Town Street
- Roof: Metal Roof
- Roof: Asphalt Shingle Roof
- Style: Other Style
- Sublease: N
- Water: Well
- Year Built: 1970
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