Now is your chance to own a thriving Sports Bar and Restaurant in Grayling, MI! Gallagher's is located on the corner of Wakeley Bridge and M-72 E, which is just a couple miles from a world class golf course and a very short drive to the final stretch of the Holy Waters of the AuSable River. Casual atmosphere, outdoor seating and entertainment area that is a great spot to grab your favorite beverage or enjoy a good dinner! Real estate and the business sold together along with the furnishings, this turn key business is a great opportunity to add to your investment portfolio.
Excellent opportunity to bring new life to the former Gray Rock Bar & Grill! This 6,460-square-foot commercial property sits on 1.28 acres in Grayling's Industrial Park and is being sold with the liquor license and everything currently on site, giving a new owner a tremendous head start. With Industrial Drive now connecting M-72 all the way to 4 Mile Road, this location is ideally positioned to capture the steady flow of employees and traffic throughout the entire industrial corridor. The spacious building offers plenty of possibilities, whether reopening as a bar and restaurant, introducing a fresh new concept, or exploring another commercial use. With an established location, valuable existing assets, and improved access through one of Grayling's busiest employment areas, great potential
Located in the heart of vibrant downtown Grayling, the Michigan Brew Building offers an exceptional investment opportunity that combines both commercial and residential spaces. Completely remodeled in 2020, this property features a modern design with state-of-the-art finishes throughout, making it a standout in the area. The upper level includes two well-appointed studio apartments, each with a lease in place, generating a consistent rental income of $2,450 per month. These apartments provide a reliable revenue stream and are perfect for long-term tenants seeking the convenience of downtown living. The building also includes a spacious basement with ample storage space and a walk-in cooler, which adds versatility for potential business operations or future expansion. The kitchen is partially equipped with most of the necessary appliances, making it an ideal setup for a restaurant, brewery, or similar ventures. With the Sawmill Loft development underway next door, this location is positioned for growth, and the area is expected to see increased foot traffic and visibility, further enhancing the property's value. Whether you're looking to capitalize on immediate rental income, start your own business, or secure a property in a rapidly growing area, this Building presents a fantastic opportunity. The property is turnkey and ready to generate returns from day one, offering long-term potential for both residential and commercial success. Sale includes the DDA liquor license. Schedule your showing today and take the next step in securing this incredible property!
Small Business opportunity! Former marine business that has been closed for 3 years just blocks from beautiful Lake Margrethe. Features retail space, office area, showroom, and storage. Excellent visibility and flexible commercial potential for marine, retail, service or storage use. Convenient location with close proximity to recreational traffic and an established business setting. Price of $185,000 includes parts & accessories, water pumps, specialty tools for outboard motors and stern drive motors and marine repairs, existing inventory, pontoon trailer
Own a true downtown showpiece in the heart of Grayling. The Historic Salling Hanson & Co. Building is a beautifully executed 2024-2025 restoration that blends turn-of-the-century character with today's expectations creating a rare, income-producing mixed-use opportunity with immediate upside. The street-level commercial suite is an absolute stunner: refinished original wood floors, exposed brick, high original pressed-tin ceilings, fresh lighting/electrical, wainscoting accents, and brand-new oversized windows that flood the space with natural light and deliver exceptional visibility. A standout feature you almost never find, an authentic walk-in historic vault adds instant story, security, and ''wow'' factor for premium retail, gallery, office, or a destination concept. Upstairs, a bright open-concept residential loft offers flexibility for an owner-occupant or continued rental income. A lease is already in place generating $1,500/month, providing cash flow from day one. Positioned in vibrant downtown Grayling, this is a prime opportunity to secure a signature building that feels like it belongs in a much larger market that is turnkey, distinctive, and ready to perform. Grayling sits directly on I-75, just north of where US-127 merges into I-75, making downtown highly accessible to both locals and visitors passing through Northern Michigan. This location is poised to benefit from major momentum already underway in downtown Grayling. The nearby Sawmill Lofts project, an $18.3M mixed-use redevelopment bringing 40 apartments plus 4,000 SF of commercial space, is expected to complete in 2026, adding residents, energy, and built-in demand for downtown businesses. Grayling continues investing in downtown vibrancy and placemaking through Main Street/DDA initiatives, including wayfinding and event-support infrastructure that strengthens the customer experience and supports walkability. Investment/Use Potential (examples): boutique retail, specialty food, outfitter/guide HQ, tasting room, coffee concept, creative studio/gallery, wellness office, professional services, or a premium destination showroom with the vault as an unforgettable branding element. Pair that with a leased upstairs and you have a compelling combination of authenticity + income + downtown upside. Turnkey. Historic. High-visibility. Schedule your showing and secure one of downtown Grayling's most striking restored buildings--ready to generate returns now while positioned for the next wave of growth.
Downtown Grayling. Commercial frontage in a vibrant, rejuvenated downtown district offering the perfect blend of small-town charm and high visibility. This prime location provides excellent exposure for your business, with steady foot traffic and strong community appeal. Ample space allows for flexible use, making it ideal for retail, office or service-based ventures. A rare opportunity to establish your presence in a thriving and welcoming setting. Owner retiring- Very well established Upscale Art Gallery!! Being offered as building only. Contents, inventory and business name are negotiable. Rear patio. Mechanicals updated in 2015.
Grayling is growing! Check out this amazing area just to the north of town with underground electric, natural gas & High-speed Internet on-site! Municipal water will be coming in the near future as well! About 3 acres on this lot, plus 3 other similar lots available- all connected & totaling approximately 12 acres combined! Zoned C-1 General ''Light'' Commercial. There are so many types of businesses that fit C-1! The location is great, high visibility, close to town & easy access to north or south I-75 Interstate! Ask a local agent for a list of C-1 permitted use list- it's HUGE! All lots have been cleared, are flat & level- ready to build your new life of adventure!
Grayling is growing! Check out this amazing area just to the north of town with underground electric, natural gas & High-speed Internet on-site! Municipal water will be coming in the near future as well! About 3 acres on this lot, plus 3 other similar lots available- all connected & totaling approximately 12 acres combined! Zoned C-1 General ''Light'' Commercial. There are so many types of businesses that fit C-1! The location is great, high visibility, close to town & easy access to north or south I-75 Interstate! Ask a local agent for a list of C-1 permitted use list- it's HUGE! All lots have been cleared, are flat & level- ready to build your new life of adventure!
Grayling is growing! Check out this amazing area just to the north of town with underground electric, natural gas & High-speed Internet on-site! Municipal water will be coming in the near future as well! About 3 acres on this lot, plus 3 other similar lots available- all connected & totaling approximately 12 acres combined! Zoned C-1 General ''Light'' Commercial. There are so many types of businesses that fit C-1! The location is great, high visibility, close to town & easy access to north or south I-75 Interstate! Ask a local agent for a list of C-1 permitted use list- it's HUGE! All lots have been cleared, are flat & level- ready to build your new life of adventure!
Grayling is growing! Check out this amazing area just to the north of town with underground electric, natural gas & High-speed Internet on-site! Municipal water will be coming in the near future as well! About 3 acres on this lot, plus 3 other similar lots available- all connected & totaling approximately 12 acres combined! Zoned C-1 General ''Light'' Commercial. There are so many types of businesses that fit C-1! The location is great, high visibility, close to town & easy access to north or south I-75 Interstate! Ask a local agent for a list of C-1 permitted use list- it's HUGE! All lots have been cleared, are flat & level- ready to build your new life of adventure!
Prime M-72 Frontage with Long-Term Tenants in Place Here�s your chance to own a well-maintained, fully leased two-unit commercial property right on high-visibility M-72 in Grayling. This proven income producer is anchored by two long-term tenants - including Edward Jones, who�s occupied their space for over 15 years. With steady cash flow and potential returns approaching 8% on a cash investment, this property offers both stability and upside for the right investor. Financials and lease details available upon request with a signed confidentiality agreement.
Commercial parcel ready to build on, located few hundred feet from Grayling Hospital, has high visibility corner location. Property is zoned C-2 in City of Grayling Zoning. Property recently split from parent parcel, split approved with City of Grayling
Commercial parcel ready to build on, located few hundred feet from Grayling Hospital, has high visibility corner location. Property is zoned C-2 in City of Grayling Zoning. Property recently split from parent parcel, split approved with City of Grayling
Commercial parcel ready to build on, located few hundred feet from Grayling Hospital, has high visibility corner location. Property is zoned C-2 in City of Grayling Zoning. Property recently split from parent parcel, split approved with City of Grayling
REMARKABLE BUSINESS OPPORTUNITY-Finley's Riverside Cabins! Situated on over 16 scenic wooded acres & on over 1000' of AuSable River frontage! 7 beautifully remodeled cabins w/modern amenities, perfectly placed on a bustling stretch of M-72, just west of downtown Grayling. This is a well established vacation rental business with repeat business growing every year & open year round! An outdoor pavilion rental seating 80 comfortably for weddings, graduations, reunions & parties, a beautiful secluded riverside ceremony space & plenty of parking. There are several wooded walking trails leading to a canal off the river, a spring-fed pond, a kayak/canoe launch area, & several seating areas. The bend in the river is the best trout fishing spot around! This business comes as a TURN-KEY operation The owners have taken great care of the property- including adding the pavilion & maintaining the structures to ensure longevity. The year-round cabin foundations have been protected by Foundation Systems of Michigan with transferrable warranty & an extra foot of insulation added, Window Source triple pane (easy-tilt to clean) windows installed for great insulating efficiency. Roof Maxx treatment was applied to add years of longevity to the shingles. All rental cabins are tastefully decorated & come furnished with everything included! On-site caretakers apartment makes this an easy business to run. Also included- John Deere lawn tractor/snowblower, 2 generators & Ankee Security System. Grayling municipal water coming soon.
Tinkers Junction is a thriving restaurant/bar in a prime location in Grayling, MI, offering 5,200(+/-) sq ft of well-designed space perfect for dining and entertainment. This established venue, known for its loyal customers, features three pool tables, darts, a stage, and live events, along with a patio setting ideal for outdoor gatherings. With current events like trivia and karaoke, it's a lively hub of activity. High traffic count and endless possibilities for growth make this a high-grossing opportunity with great upside potential. Whether you continue the successful operation or bring your own vision, Tinkers Junction is a proven money maker - schedule your showing today!
This large medical office building offers an attractive CAP Rate and fresh lease with a solid tenant. It's in excellent condition with a recent membrane roof and updated mechanicals. 14 exam rooms, 5 offices, 2 procedure rooms, waiting area and typical support infrastructure. Half of the basement is finished as additional office space. Serious parties may review the related documents with a NDA.
The last undeveloped commercial frontage on Grayling's South Business Loop. 242 ft on the Business Loop and excellent depth at 330 ft. Existing service road connecting adjoining commercial properties. Contact Listing Agent for detailed survey and easements.
Grayling is located in Michigan. Grayling, Michigan has a population of 1,784. Grayling is less family-centric than the surrounding county with 16.8% of the households containing married families with children. The county average for households married with children is 21.87%.
The median household income in Grayling, Michigan is $27,039. The median household income for the surrounding county is $54,240 compared to the national median of $69,021. The median age of people living in Grayling is 40.2 years.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 10.2 degrees. The average rainfall is approximately 34.1 inches per year, with 74.4 inches of snow per year.
