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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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615 S I 75 Business Loop , Grayling, MI 49738
$779,000
Est. Payment: $4,011.46/mo
0 Bed
23 Bath
15026 Sqft
Status: pending | Days on site: 175
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Jim Blehm
Team Owner, Realtor®

House 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.

Highlights

Listed by Nancy Gladstone , 248-345-8246 3DX Real Estate, LLC , 888-304-1447. MichRIC

Property Type

Commercial Sale

Lot/Acreage
25

Year Built

1970

County

Crawford

Area

Outside MichRIC Area - Z

School District

Crawford

Listing ID

26002439

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:23
  • Full Bathrooms:23
Other:Broadband
Other:Well

Exterior Features

Roof:Slate
Sewer:Septic Tank
Principal Interest
$4,011
Taxes
$273

Home Price

$779,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$155,800
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Monthly Price:
$4,011.46

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,011.46 $273.21 $0.00 $4,284.66
Yearly $48,137.47 $3,278.47 $0.00 $51,415.94
Total $1,444,124.23 $98,354.10 $0.00 $1,542,478.33
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Grayling, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-02T23:53:55.000Z

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