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$65,900
201841727 MLS
Here is your chance to own acreage with direct canal navigation access to the mainstream of the Ausable River. It is nestled on 12.55 acres at the end of Juniper Way only 5 minutes from vibrant downtown Grayling. And..as a HUGE bonus this property shares a border with over 90,000 acres of state land! There is electricity available adjacent to the property. A cleared building site and driveway await your new up-north cabin or cottage. There is a septic system on the property. The septic system has never been used so it's current condition is unknown and therefore the septic is being sold as-is. Measurements, acreage, water frontage, taxes, parcel numbers, mineral rights, legal access to a body of water, and proximity to state land should all be verified by the Buyer before closing.

Juniper Way, Grayling

$399,900
201841595 MLS
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

2123 Industrial Dr, Grayling

$249,000
3 Beds 2 Baths 201841318 MLS
Welcome Up North! This well-maintained home is a must see! Packed with many features, making it perfect for year round living, or your Northern Michigan getaway. This beautifully landscaped 1.4-acre property provides plenty of room to relax and enjoy the outdoors. Inside you will find a split floor layout, separating the primary suite from the additional bedrooms, making it ideal for families, guests, or those who simply appreciate their own space. The open and inviting living areas create a comfortable flow for everyday living and entertaining. The attached finished garage creates the perfect space for entertaining in any season, with easy access to outdoor gatherings. Additional updates include a new furnace installed in 2025 and a whole-house generator for added peace of mind. Next, An in-ground sprinkler system to keep the lawn looking its best with minimal maintenance. As part of a desirable association, you'll also enjoy access to a community swimming pool, clubhouse, rental opportunities, and a river access point. This property truly offers the best of Up North living with space, convenience, and outstanding amenities.

2027 Rosalind Ave, Grayling

$400
201841236 MLS
Bring your business to one of Downtown Grayling's most recognizable historic landmarks! The Brickery offers multiple commercial suites available for lease with flexible floor plans to accommodate businesses of various sizes. Lease rates start at just $1.00 per square foot. Previously home to retail, a hair salon, fitness studio, and professional office space, this versatile property is well-suited for a wide variety of commercial uses. Enjoy excellent visibility, ample parking, and a prime downtown location within walking distance of shopping, dining, and community events. Multiple suite sizes are available, and the landlord is willing to consider leasehold improvements for qualified tenants, making it easy to customize the space to fit your business needs.

501 N James St, Grayling

$249,900
3 Beds 2 Baths 201841118 MLS
Fantastic Investment Opportunity! This duplex, located directly across the street from Munson Hospital in Grayling, offers instant income with one side currently rented. Live in one unit and rent the other, or lease both for maximum return. Unit A features 1 bedroom, 1 bathroom, and an open living, dining, and kitchen layout and rented at $800/month (tenant wants to stay). Unit B offers 2 bedrooms, 1 bathroom, a spacious living room, and a large eat-in kitchen and is rented at $1,200 per month. The duplex includes an 832 sq. ft. basement with plenty of storage space plus a laundry room, and a 2-car attached garage (split so each unit has its own bay). Additional highlights include natural gas, high-speed internet, and unbeatable convenience within walking distance to Downtown Grayling!

1205 E Michigan Ave, Grayling

$474,900
201841011 MLS
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!

106 E Michigan Ave, Grayling

$169,900
2 Beds 2 Baths 201840934 MLS
Enjoy carefree living in this well-maintained 2-bedroom, 2-bath condo in desirable Viking Village. Offering 1,394 square feet, this home features an open floor plan with both a living room and family room, providing plenty of space to relax and entertain. The kitchen flows nicely into the dining and living areas, while a gas fireplace and central air provide year-round comfort. A sunny dining nook overlooks the peaceful wooded backyard, where wildlife is often seen. Outside, you'll find a private patio with pet fencing and an underground sprinkler system to keep the lawn looking its best. The attached two-car garage offers ample storage and workspace. Conveniently located in a quiet neighborhood close to downtown Grayling, shopping, dining, and medical facilities. Move-in ready! The $135 monthly HOA fee covers lawn care, snow removal, and garbage pickup for easy, maintenance-free living.

2153 Viking Way, Grayling

$339,900
3 Beds 2 Baths 201840775 MLS
Welcome to S. AuSable Tr, on the Main Branch of AuSable River! Offering 206' of AuSable River frontage & 2.8 acres on a county maintained road. This home was beautifully updated with warm wood accents of rustic, knotty pine & hardwood floors. What an AMAZING kitchen! Tons of counterspace & quality cabinets from KraftMaid, stainless appliances, plus a wet bar- perfect for entertaining! 3 bedrooms- 1 is a large PRIMARY Suite & full bath, plus a main full bath. WOW- the whole back of the house has 3 separate rooms that can be easily added as square footage by adding a wall furnace/vent-free natural gas heater! Enjoy quiet times in the back yard under the pergola patio. Take a walk out the back trail to enjoy your private AuSable River oasis! Newer metal roof, windows & Home Warranty INCLUDED

801 S Ausable Trl, Grayling

$174,900
201840584 MLS
How often do you find high and dry vacant acreage with good sized frontage on the mainstream of the famed Ausable River? This features 282 feet of high and dry beautiful frontage! And..only 5 minutes from vibrant downtown Grayling. This parcel also has an awesome view of the river with an existing variance in place to build your dream cabin, cottage or full time residence closer to the river. Grayling is situated just minutes from both I-75 and US 127. Also, the popular Traverse City area is a straight shot about 50 miles west on M-72. Also, there are close lakes and trails. This parcel is wooded with a private clearing near the river. Municipal water is available. No camping is allowed on this parcel unless while in the process of building a home. No land contract available.

Parcel 3 Parcel 3 Sumac Trail, Grayling

$1,650
201840501 MLS
Prime downtown Grayling commercial lease opportunity in the beautifully restored Historic Salling Hanson & Co. Building. This stunning main-level storefront underwent an extensive 2024-2025 restoration while preserving its historic character. Features include refinished original hardwood floors, exposed brick walls, impressive pressed-tin ceilings, updated lighting and electrical, wainscoting accents, and oversized new windows that provide exceptional natural light and street visibility. A rare and memorable feature is the authentic historic walk-in vault, offering unique branding potential and flexible use for retail, office, gallery, studio, or specialty business concepts. Located in the heart of downtown Grayling, this high-visibility space benefits from strong pedestrian traffic. Nearby dining and shopping, and continued investment in the downtown district through Main Street and DDA initiatives. Ideal for boutique retail, professional services, creative studios, wellness businesses, specialty food concepts, outfitters, or destination showrooms. Turnkey, distinctive, and ready for your business to thrive in one of downtown Grayling's most recognizable historic buildings.

110 E Michigan Ave, Grayling

$425,000
2 Beds 4 Baths 201840053 MLS
This stunning rustic home is Timber Frame construction boasting 4100 sf of living space with 26' vaulted ceilings, hardwood floors, wood beams & railings throughout. The open concept main floor is complete with stone wall with gas fireplace. Lots of large windows bring the outdoors in. Large living room flows into a kitchen with 9' island, pantry wall, under-cabinet lighting, wall oven and generous cabinets. There is a large formal dining room across the back of the home looking out over the property's wooded area. The main level also features the laundry and powder room. The 1st floor primary bedroom features a lg walk-in closet and en-suite bath. Upstairs your 2nd bedroom suite awaits with its own sitting area, spacious bedroom and full bath. See Supplement.. This stunning rustic home is Timber Frame construction boasting 4100 sf of living space with 26' vaulted ceilings, hardwood floors, wood beams & railings throughout. The open concept main floor is complete with stone wall with gas fireplace. Lots of large windows bring the outdoors in. Large living room flows into a kitchen with 9' island, pantry wall, under-cabinet lighting, wall oven and generous cabinets. There is a large formal dining room across the back of the home looking out over the property's wooded area. The main level also features the laundry and powder room. The 1st floor primary bedroom features a lg walk-in closet and en-suite bath. Upstairs your 2nd bedroom suite awaits with its own sitting area, spacious bedroom and full bath. The walkout basement is partially finished with great potential; a kitchenette rough-in and full bath are already there. Transform it into additional bedrooms, in-law suite or family room. Outside is tons of parking and a 30 x 52 pole barn with 4 doors.

3935 Tara Ln, Grayling

$53,325
3 Beds 1 Baths 201840003 MLS
Charming opportunity in the heart of Grayling! This 3-bedroom, 1-bath home with a 1-car garage makes a great first-time home or investment property. Conveniently located close to schools, the hospital, shopping, and everyday amenities. Enjoy the comfort of in-town living with plenty of potential to make it your own. Whether you're looking to start out, downsize, or expand your investment portfolio, this home is worth a look! Message Inserted (05/14/2026 11:26 AM) On: 1301 N DOWN RIVER ROAD, GRAYLING MI 49738. This property is posted on the MyNextBid auction website. All offers must be submitted through this link: https://mynextbid.com/property/2859/-1301- N-Down-River-Road-Grayling-MI-49738 Auction ends: Tuesday, May 26th

1301 N Down River Rd, Grayling

$255,000
2 Beds 1 Baths 201839890 MLS
Your Up North escape awaits! Set on 20 wooded acres that abut state land with connecting trails, this property offers the ideal mix of seclusion and adventure. Whether you're looking for a peaceful retreat or a basecamp for hunting and trail riding, this cabin is ready for you -- just in time for deer season. This cozy cabin features an open-concept layout, fully furnished and ready for relaxing after a day outdoors. Recent updates include a new furnace (2018) and well pump (2023), giving you added comfort and reliability. You'll also find the treehouse you've always wanted -- an additional square footage of elevated space, already wired with electricity, recessed lighting, and outlets. It's ready to be finished into your dream hideaway, studio, or guest space. Enjoy miles of riding and exploration right from your property take the trail about 3 miles up to Kneff Lake, or head to Jellystone Park and Stephan Bridge for more Northern Michigan recreation. Whether you're unwinding around a campfire, riding the trails, or spending mornings watching wildlife, this property delivers the best of Grayling's natural beauty and outdoor living!

390 Ember Trl, Grayling

$324,900
201839889 MLS
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.

110 E Michigan Ave, Grayling

$569,900
4 Beds 3 Baths 201839876 MLS
Lake Margrethe access without waterfront taxes! No expenses spared! Beautiful remodeled home & DEEDED LAKE ACCESS- directly across the street! DOCK SPACE INCLUDED!! This prestigious amazing home comes outfitted with hard surface surfaces of granite & Carerra marble backsplash, high-end kitchen appliances; an induction cook top, stainless refrigerator, built-in microwave & oven with warming tray, also a wine captain fridge in the dining area. New windows, prog. thermostat & smart irrigation, natural gas furnace w/central AC. Never be in the dark w/22k Generac generator! Relax outside in this amazing setting with your favorite beverage on the large aggregate stone patio & soothing hot tub! THE BEST PART- DEEDED LAKE ACCESS DIRECTLY ACROSS THE STREET FOR YOUR BOAT/JET SKIS!

2215 Danish Landing Rd, Grayling

$220,000
2 Beds 1 Baths 201839609 MLS
A rural 7.27-acre wooded paradise awaits the next lucky owner! This year-round, quality-built classic cedar-sided home is perched on a wooded hilltop. Close to amenities including state land, AuSable River, several lakes, two restaurants, and convenience stores. Recent updates include a new electrical breaker box, new wiring to house, 30 Amp plug for camper/motorhomes, newer vinyl plank flooring, carpeting, several new windows and steel doors, along with LED lighting in several rooms. Major appliances are included in sale. Presently a 2BR home with a quilt/hobby room that could easily convert to a 3rd bedroom. Storage includes an attached 1.5-car garage, a 30x40 pole barn, and 3 sheds. The acreage extends over 1600 ft to the rear with rolling hills and trails. Don't hesitate on this one!

3680 E M-72 Hwy, Grayling

$19,800
201839435 MLS
Welcome to Northwood Estates in Grayling township! 38 lots available out of 41 total! With only 3 houses built in the sub, there are so many nice lots to be able to look over & choose from.... AND the best part- these already have underground utilities installed including: natural gas, electric & high-speed internet, so no added expense for those! Municipal water is slated to be available for the entire neighborhood soon & the only things needed is a septic system, your new home build & YOU! All lots are approximately 1/2 acre each & have some mature trees. Great location near everything including schools, library, snowmobile trails & about a mile from town for all your shopping & entertainment needs. Don't wait- the time is perfect to pick a lot & start planning your new home build!

Lot 41 Northwood, Grayling

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