# 1024 S.I-75 Business Loop, Grayling, MI 49738

> **TL;DR:** 24bd/24ba single family, $694,900 ($68/sqft), built 1950, 10,261 sqft. Est. $3,717/mo. Listed 336 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $694,900 |
| Price/sqft | $68 |
| Bedrooms | 24 |
| Bathrooms | 24 full |
| Square Feet | 10,261 |
| Year Built | 1950 |
| Lot Size | 210,395 sqft (4.83 acres) |
| Stories | 2 |
| Property Type | Single Family (Other) |
| Status | Active |
| Days on Market | 336 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,514 |
| Estimated Insurance | $203 |
| **Total** | **$3,717** |

## Property Highlights

- Built in 1950
- 4.83 acre lot
- 2 stories

## Description

### Agent Description
The possibilities are endless with this well-maintained gem. Located in Grayling, the gateway of the North. Minutes from Gaylord, MI, and an easy drive to Traverse City. Grayling, MI, is a small town that is experiencing some nice growth due to the Air Force Base, New Restaurants, New housing developments, etc. It makes a great place to stay with its proximity to the tip of the Mitt, and both NE & NW Michigan. This 22-unit motel has been very well maintained throughout the years, with a steady stream of patrons. Owned and cared for for over 30 years, it's time to hand the investment over to a new owner. Situated on 4 acres, on a main thoroughfare, with easy access to I-75, but set back enough for a peaceful setting. It features: a standalone building with 7 kitchenette units, that could be used for long-term rental, for a constant cash flow, plus an 1800 sq ft home connected to the main motel, that features: a large master suite, cathedral ceilings, and a large kitchen and living area. Lots of parking, a large maintenance building that could be used for on-site laundry, and more. Priced accordingly for some of the decor that could use an update. All showings must present an approval letter or proof of funds.

## Location

- **Address:** 1024 S.I-75 Business Loop, Grayling, MI 49738
- **County:** Crawford
- **Coordinates:** 44.670042, -84.718485
- **Google Maps:** https://www.google.com/maps?q=44.670042,-84.718485

## Listing Agent

- **Name:** Tom Rumble
- **Brokerage:** eXp Realty
- **Broker Phone:** 6162506751
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1024-S-I-75-Business-Loop_Grayling_MI_49738_M99498-30865?f=listhub&s=NYSMLS&m=11592071&c=propsimple)

## Photos

![1024 S.I-75 Business Loop - Photo 1](http://lh.rdcpix.com/da66f3c3f158079f5fa7a97fc136de69l-f2983320336r.jpg)

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---

**MLS#:** 11592071 | **Updated:** 2026-09-17
**Source:** listhub

*Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1024-s-i-75-business-loop-grayling-mi-49738-11592071)

---

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  "url": "https://www.propertysimple.ai/listing/1024-s-i-75-business-loop-grayling-mi-49738-11592071",
  "name": "1024 S.I-75 Business Loop, Grayling, MI 49738",
  "description": "The possibilities are endless with this well-maintained gem. Located in Grayling, the gateway of the North. Minutes from Gaylord, MI, and an easy drive to Traverse City. Grayling, MI, is a small town that is experiencing some nice growth due to the Air Force Base, New Restaurants, New housing developments, etc. It makes a great place to stay with its proximity to the tip of the Mitt, and both NE & NW Michigan. This 22-unit motel has been very well maintained throughout the years, with a steady stream of patrons. Owned and cared for for over 30 years, it's time to hand the investment over to a new owner. Situated on 4 acres, on a main thoroughfare, with easy access to I-75, but set back enough for a peaceful setting. It features: a standalone building with 7 kitchenette units, that could be used for long-term rental, for a constant cash flow, plus an 1800 sq ft home connected to the main motel, that features: a large master suite, cathedral ceilings, and a large kitchen and living area. Lots of parking, a large maintenance building that could be used for on-site laundry, and more. Priced accordingly for some of the decor that could use an update. All showings must present an approval letter or proof of funds.",
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