Grayling MI Real Estate & Commercial for Sale

14 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
2,760
Status:
Active
MLS#:
201838361
Type:
Retail
Subdivision:
T26n, R2w
Lot size:
0.72 Acres
Courtesy: Homewaters, L.L.C. Grayling 734-474-9487
View additional info

ADDITIONAL INFORMATION

Well-established commercial opportunity on busy M-72 just minutes east of downtown Grayling. Stephan Bridge Party Store offers excellent visibility and easy access along a high-traffic corridor. The sale includes equipment and liquor license, with select inventory able to transfer to the new owner. A turnkey setup for an owner-operator or investor looking to step into an operating business with strong local presence and growth potential.

Beds:
n/a
Baths:
Sq.Ft.:
46,820
Status:
Active
MLS#:
80064066
Type:
Industrial
Subdivision:
3000 Industrial
Lot size:
8.55 Acres
Year built:
1996
Courtesy: EXIT Northern Shores-TC 231-946-4404
View additional info

ADDITIONAL INFORMATION

High-quality industrial building just outside the Grayling city limits! Sitting adjacent to I-75 (Exit 256), this former metal fabricating facility atop 8.5 acres is awaiting its next commercial venture. The facility includes a fully-insulated L-shaped building with tall ceilings, multiple overhead doors, multiple overhead cranes, an explosion-proof painting/application area, multiple air recovery systems, supporting office space, a breakroom, a mezzanine office, and mezzanine storage. The maintenance garage features multiple overhead cranes and overhead doors, while the parcel affords plenty of yard space. The facility is serviced by 3-phase electric, natural gas, well water, and private septic. Also available for lease.

Beds:
n/a
Baths:
Sq.Ft.:
3,590
Status:
Active
MLS#:
201837849
Type:
Other
Subdivision:
City Of Grayling
Courtesy: Homewaters, L.L.C. Grayling 734-474-9487
View additional info

ADDITIONAL INFORMATION

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!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
201837672
Type:
Business Opportunities
Subdivision:
T26n-r3w
Lot size:
16 Acres
Courtesy: Heart of Up North Realty, LLC 586-242-1179
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
8,947
Status:
Active
MLS#:
80062396
Type:
Business Opportunities
Subdivision:
N/A
Lot size:
4.29 Acres
Year built:
1970
Courtesy: Century 21 Northland 231-929-7900
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
5,200
Status:
Active
MLS#:
60941779
Type:
Industrial
Lot size:
0.39 Acres
Courtesy: RE/MAX Platinum - Grand Blanc 810-695-4111
View additional info

ADDITIONAL INFORMATION

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 events, as well as an outdoor sand volleyball court, creating a fantastic setting for gatherings. With current events like trivia, karaoke, and cornhole, 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!

Beds:
n/a
Baths:
Sq.Ft.:
2,300
Status:
Active
MLS#:
80062025
Type:
Business Opportunities
Subdivision:
Na
Lot size:
0.7 Acres
Year built:
1940
Courtesy: Berkshire Hathaway Homeservices - TC 231-947-7777
View additional info

ADDITIONAL INFORMATION

Iconic Carlisle Canoe Livery on the AuSable River ââ?¬â?? Downtown Grayling***** Donââ?¬â?¢t miss this rare opportunity to own a piece of Michigan history and a thriving riverfront business! The historic Carlisle Canoe Livery, located right in the heart of downtown Grayling, is now available for purchase. Situated on over 220 feet of pristine AuSable River frontage, this landmark property offers stunning natural beauty, a beautiful boardwalk, and unbeatable access to one of the most beloved paddling destinations in the Midwest.********* At the heart of the property is the famous original Carlisle building, where the modern canoe paddle was invented and manufactured. Today, it serves as a charming and functional retail store and check-in center for livery guests. Included in the sale are all business equipment, vehicles, the well-established business name, and a loyal customer base.********* This is the premier canoe livery in the region, known especially for its profitable overnight canoe trips, which attract paddling enthusiasts from across the state. The business has an exceptional reputation, strong local partnerships, and outstanding visibility in the community.********** Also included is a fully updated home on the adjacent lot, currently used as a successful vacation rental. This home offers flexibility to serve as either a private residence for the new owner or continued income-generating lodging. With high visibility, walkable access to downtown shops and restaurants, and deep historical roots, this unique offering combines profitable business operations, rich heritage, and premium riverfront real estate. ----------Turn the key and take the paddle ââ?¬â?? your dream lifestyle business awaits on the AuSable.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
201836711
Type:
Other
Subdivision:
T27n, R3w
Lot size:
3.1 Acres
Courtesy: Homewaters, L.L.C. Grayling 734-474-9487
View additional info

ADDITIONAL INFORMATION

Prime commercial opportunity on the I-75 Business Loop just outside Grayling! This highly visible parcel sits just beyond the city limits, offering the advantage of lower taxes while still being close to everything downtown has to offer. Infrastructure is in place and expanding municipal water coming soon, with natural gas, electric, and high-speed internet already available. This location is ideal for new development, providing excellent exposure and easy access for both local and interstate traffic. A perfect spot for businesses looking to grow in Northern Michigan's hub!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
201836710
Type:
Other
Subdivision:
T27n, R3w
Lot size:
2.9 Acres
Courtesy: Homewaters, L.L.C. Grayling 734-474-9487
View additional info

ADDITIONAL INFORMATION

Prime commercial opportunity on the I-75 Business Loop just outside Grayling! This highly visible parcel sits just beyond the city limits, offering the advantage of lower taxes while still being close to everything downtown has to offer. Infrastructure is in place and expanding—municipal water coming soon, with natural gas, electric, and high-speed internet already available. This location is ideal for new development, providing excellent exposure and easy access for both local and interstate traffic. A perfect spot for businesses looking to grow in Northern Michigan's hub!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
201836702
Type:
Other
Subdivision:
T27n, R3w
Lot size:
2.9 Acres
Courtesy: Homewaters, L.L.C. Grayling 734-474-9487
View additional info

ADDITIONAL INFORMATION

Prime commercial opportunity on the I-75 Business Loop just outside Grayling! This highly visible parcel sits just beyond the city limits, offering the advantage of lower taxes while still being close to everything downtown has to offer. Infrastructure is in place and expanding—municipal water coming soon, with natural gas, electric, and high-speed internet already available. This location is ideal for new development, providing excellent exposure and easy access for both local and interstate traffic. A perfect spot for businesses looking to grow in Northern Michigan's hub!

Beds:
n/a
Baths:
Sq.Ft.:
11,872
Status:
Active
MLS#:
80060326
Type:
Business Opportunities
Subdivision:
City Of Grayling
Year built:
1971
Courtesy: CENTURY 21 REALTY NORTH-HOUGHTON LK 989-366-1801
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
201833153
Type:
Business Opportunities
Subdivision:
T27n R3w
Courtesy: The TEAM Real Estate Group 989-732-6500
View additional info

ADDITIONAL INFORMATION

Prime Investment Opportunity! This prime investment opportunity is conveniently located just outside of Grayling on N I-75 business loop. With a high occupancy rate and gross monthly income of 13k, this property offers excellent potential for profit. Featuring seven buildings, including ten efficiency units, some with kitchenettes; a large one-bedroom apartment; a duplex with two spacious one-bedroom units; a duplex cabin with two nice two-bedroom units, a charming two-bedroom house, and even a mobile home. Additionally, there is a large partially heated pole barn on-site, laundry room for your tenants, and two brand new water heaters installed. Don't miss out on this lucrative chance to expand your portfolio! Owner is a licensed real estate agent.

Beds:
n/a
Baths:
Sq.Ft.:
5,300
Status:
Active
MLS#:
201828050
Type:
Other
Subdivision:
City Of Grayling
Courtesy: Heart of Up North Realty, LLC 586-242-1179
View additional info

ADDITIONAL INFORMATION

City of Grayling- HUGE visible Old 27 highway frontage just on the edge of town! Great location & endless possibilities! Approx. 5300 sq ft, building has multiple entry accesses & can easily be split into 2 separate units as each can have separate utilities! Featuring updated lighting, large paved parking lot, enclosed front screened deck, full basement with tons of storage & possible meeting room- or make into living quarters while operating your business. This was used as a successful beauty college, previously before that, a restaurant. Possible office or retail?...Endless opportunities- make your appointment today!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
324089
Type:
Other
Subdivision:
City Of Grayling
Courtesy: Century 21 Realty North Grayling 989-348-5474
View additional info

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX) and is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Xome Inc. are marked with the WWLX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Xome Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright 2026 Water Wonderland MLS, Inc. All rights reserved.

Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Grayling Real Estate

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.

Grayling Weather

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.

Grayling Map

Grayling Real Estate Market Conditions

  • Median sales price

    $167,500
    21.4%
    change since last quarter
  • # Active listings

    144
    30-day change

Grayling Schools and Demographics

Education near Grayling, MI

City County
High School Graduates 84.29 91.36
College Degree - 2 year 6.62 11.74
College Degree - 4 year 14.43 21.2
Graduate Degree 4.31 6.47
Expenditures per Student 12,458 12,458
Students per Teacher 15.1 15.1

Elementary Schools near Grayling, MI

Grades Students P/T Ratio ZIP
Grayling Elementary School PK - 05 675 14.5 49738
Roscommon Elementary School PK - 05 454 16.7 48653

Middle Schools near Grayling, MI

Grades Students P/T Ratio ZIP
Grayling Middle School 06 - 08 361 15.6 49738
Roscommon Middle School 05 - 08 253 16.4 48653

High Schools near Grayling, MI

Grades Students P/T Ratio ZIP
Grayling High School 09 - 12 497 17 49738
Roscommon High School 09 - 12 390 18.5 48653

Ungraded Schools near Grayling, MI

Grades Students P/T Ratio ZIP
C.O.O.R. Special Educational Center KG - 12 65 10.8 48653
Great Lakes on-Line Education KG - 12 47 15.7 49738
Second Chance Academy 05 - 12 17 17 48653
Shawono Center 06 - 12 10 49738

Demographics near Grayling, MI

City County
Neighborhood Type Small Town
Population 1,784 13,102
Population Density 870 24
Median Age 40.2 51
People per Household 2.2 2.3
Median Household Income 27,039 54,240
Average Income per Capita 19,443 28,172

Real estate near Grayling