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.
Rare opportunity to own a premier riverfront investment property on the legendary Au Sable River in Grayling. Spanning 5 gorgeous, wooded acres with over 500 feet of frontage on one of North Americaâ??s most sought-after fly fishing destinations, this turnkey short-term rental business offers both lifestyle and exceptional income. The property features six fully furnished and professionally operated cabins, including five smaller cabins accommodating 4â??8 guests and one expansive lodge-style cabin that sleeps up to 20. The large cabin boasts 8 bedrooms, 3.5 baths, a fully equipped chefâ??s kitchen, spacious dining area with adjacent bar, and a stunning stone fireplace. Guests enjoy a full suite of amenities including a game room with pool table and shuffleboard, sauna, and outdoor gathering spaces. Adding even more value is the turnkey on-site convenience store, offering beer, wine, liquor, fishing gear, ice cream, and moreâ??creating multiple revenue streams. Above the store, a second-floor loft provides additional lodging for up to 8 guests, complete with a full kitchen, large dining area, and comfortable living space. Each cabin is equipped with satellite TV, high-speed wireless internet, and keyless entry. A fully integrated mobile management system allows for seamless remote operation, including guest check-ins/outs, access control, and security monitoring - making this an ideal investment. With top-line revenue exceeding $250,000 annually (without utilizing the loft rental), there is significant upside potential. Whether youâ??re looking to expand your portfolio or own a trophy property in a world-class outdoor destination, this is a one-of-a-kind offering.
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.
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.
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.
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.
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.
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!
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.