Great investment opportunity for this medical office building leased to Munson Hospital. Munson recently signed a 5-year renewal giving an investor the opportunity for an 8.1% cap rate. Building is in good condition with a new roof in 2022. In addition to the 5,936 SF of first floor medical space there is a full basement with an additional 2,000 SF of finished space. The building sits on a lot that encompasses an entire city block from with frontage on North Down River, Rose, Erie & Vine. There is a huge parking lot and the lot is large enough to support building additional buildings.
RARE BUSINESS OPPORTUNITY - This reputable family business has thrived for 32 years, satisfying customers locally, nationally, and internationally. Located along ââ?¬Å?Brew Avenueââ?¬Â? both foot and vehicle traffic are steady, and repeat business is solid! Among the first structures in the business district of Grayling to be constructed at the turn of the 20th century, this 4332 sq ft building has a rich history ââ?¬â?? proudly serving as the site of Graylingââ?¬â?¢s first automobile dealership! The Downtown Development Authority is enjoying the fruits of their labor; the districtââ?¬â?¢s fresh look and added businesses have generated excitement, increased tourism, and an uptick in economy. Additional growth and plans for new construction downtown are underway. Now is the time to be a part of this positive business growth! With both rear and front access, ample parking, and space to be creative, there are many possibilities for this commercial site. Continue with the successful turnkey business or repurpose the building for a new venture. Seller will consider short term land contract. The building and business can be purchased separately.
This beautiful office building offers owners/occupants/tenants high impact exposure with lots of signage space, close to busy M-72 / M-93 with 2022 traffic counts exceeding 10,000 cars per day. 14 private offices in 3 sections plus a copy/work room, 3 private restrooms and a small kitchen and 2 reception/lobby areas. With little alteration, this building can accommodate 3 businesses each with its own restroom and reception area. Or, co-op style with owner provided support for those remote workers tired of the kitchen table gig. Fast fiber optic internet right to the building, redundant heating systems and fully air conditioned. Lots of paved parking on this drive through property. Sellers would consider lease back of 1/3 of the building. Sellers are licensed agents in the state of MI.
City of Grayling- HUGE visible highway frontage! 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, Currently a beauty college, previously used as a restaurant. Possible office or retail?...Endless opportunities! Appointments must be made as business is currently operating.
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 12k, 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.
Wow- TURN KEY BUSINESS OPPORTUNITY!!! Long standing Adult Foster Care facility in the city of Grayling is available for purchase! Very well established, this business opportunity is an awesome investment. New owner just needs to get a license with LARA & pick out a new name- everything else is ready to go. All furnishings & supplies are included! The home is fully filled so income should be immediate! The home houses 12 clients, has a full kitchen, dining room, living room, several pantries for supplies & food, laundry area, nice fenced in back yard for relaxing. Close to all Grayling amenities. All interested parties must pass a background check with the state, seller can help guide. To view the interior must be made to the listing agent to approve. This is an awesome opportunity
Investment opportunity in a prime location! This 21-unit motel, coupled with on-site living sits on a sprawling 4.8-acre lot. and provides a steady income stream. This location is a sought-after destination for travelers and tourists. The 2-bedroom, 3-bathroom house is perfect for an owner/manager to reside, ensuring on-site management. The det. garage provides additional storage and a separate workshop area. There's ample space for potential expansion or redevelopment, further increasing your investment potential. With its strategic location at a busy intersection this property enjoys high visibility and easy accessibility, making it a prime location for business. Don't miss out on this remarkable real estate opportunity with endless possibilities for growth and income.
Developers and Investors you will want to see this one! 3.25 Acres of Commercial frontage on I-75 Business Loop/N Old 27 with approximately 300 feet of frontage which would need an approved municipal split from the parent parcel. This is also being marketed as a package deal, there are other options for purchase available! Located across the road the Grayling Army Airfield and just 2 miles from Downtown Grayling. Other Commerical businesses in this area. Land Contract terms available!
Developers and Investors you will want to see this one! 13 Acres of Commercial frontage on I-75 Business Loop/N Old 27 with approximately 1,145 feet of frontage which might be permitted to be split/subdivided with municipal approval This is also being marketed as a package deal, there are other options for purchase available! Located across the road the Grayling Army Airfield and just 2 miles from Downtown Grayling. Other Commerical businesses in this area. Land Contract terms available!
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.
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 1,813. Grayling is more family-centric than the surrounding county with 18.73% of the households containing married families with children. The county average for households married with children is 18.31%.
The median household income in Grayling, Michigan is $30,870. The median household income for the surrounding county is $42,666 compared to the national median of $57,652. The median age of people living in Grayling is 40.4 years.
The average high temperature in July is 77.9 degrees, with an average low temperature in January of 8.9 degrees. The average rainfall is approximately 32.9 inches per year, with 127.1 inches of snow per year.
