northernmirealty.com Search Results

REMARKABLE BUSINESS OPPORTUNITY-Finley's Riverside Cabins! Situated on over 16+ scenic wooded acres & on over 1000' of AuSable River frontage! 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 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. Full inventory available upon request.

7 Beds ⋅ 6 Baths ⋅ 201838519 MLS

REMARKABLE BUSINESS OPPORTUNITY-Finley's Riverside Cabins! Situated on over 16+ scenic wooded acres & on over 1000' of AuSable River frontage! 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 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. Full inventory available upon request.

5973 W M-72 Hwy, Grayling

$850,000

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.

201837672 MLS

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.

5973 W M-72 Hwy, Grayling

$800,000

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.

201836177 MLS

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.

1010 W North Down River Rd Rd, Grayling

$799,000

Discover the opportunity at Dead Bear Brewing Co., 2552 I-75 Business Loop in Grayling--a turnkey brewery and restaurant positioned in a high-visibility location just off I-75. This established operation features a Class C liquor license, Brew Pub license and SDM license, along with a fully equipped commercial kitchen, brewing operation, bar and dining areas. The property offers tremendous potential for an experienced restaurateur, brewer, entrepreneur or investor looking to step into an established Northern Michigan destination. Seller may consider land contract terms with a substantial down payment. Business, real estate, licenses and equipment combine to make this a rare opportunity in the heart of Northern Michigan!

201842579 MLS

Discover the opportunity at Dead Bear Brewing Co., 2552 I-75 Business Loop in Grayling--a turnkey brewery and restaurant positioned in a high-visibility location just off I-75. This established operation features a Class C liquor license, Brew Pub license and SDM license, along with a fully equipped commercial kitchen, brewing operation, bar and dining areas. The property offers tremendous potential for an experienced restaurateur, brewer, entrepreneur or investor looking to step into an established Northern Michigan destination. Seller may consider land contract terms with a substantial down payment. Business, real estate, licenses and equipment combine to make this a rare opportunity in the heart of Northern Michigan!

2552 Interstate 75 Business, Grayling

$750,000

Now is your chance to own a thriving Sports Bar and Restaurant in Grayling, MI! Gallagher's is located on the corner of Wakeley Bridge and M-72 E, which is just a couple miles from a world class golf course and a very short drive to the final stretch of the Holy Waters of the AuSable River. Casual atmosphere, outdoor seating and entertainment area that is a great spot to grab your favorite beverage or enjoy a good dinner! Real estate and the business sold together along with the furnishings, this turn key business is a great opportunity to add to your investment portfolio.

201841869 MLS

Now is your chance to own a thriving Sports Bar and Restaurant in Grayling, MI! Gallagher's is located on the corner of Wakeley Bridge and M-72 E, which is just a couple miles from a world class golf course and a very short drive to the final stretch of the Holy Waters of the AuSable River. Casual atmosphere, outdoor seating and entertainment area that is a great spot to grab your favorite beverage or enjoy a good dinner! Real estate and the business sold together along with the furnishings, this turn key business is a great opportunity to add to your investment portfolio.

3997 E M-72, Grayling

$747,900

Grayling Area -12+ acres featuring 1,100+/- ft of frontage on the East Branch of the AuSable River. Located at the end of a private drive, this log-sided 4BR/5BA home with an attached 3-car garage offers vaulted ceilings with skylights, hickory floors, and log/wood accents throughout. The kitchen features granite countertops and a wet bar, opening to a dining area with direct river views and a stone fireplace. The primary suite offers a walk-in closet, Tuscan plaster finishes, and a tiled shower with dual showerheads. Additional highlights include two upper-level bedrooms, a lower-level family room, a stone patio, and a covered wrap-around porch equipped with recessed lighting and surround sound. The standby generator and boiler currently run on propane, but natural gas is run to the home.

4 Beds ⋅ 5 Baths ⋅ 201841819 MLS

Grayling Area -12+ acres featuring 1,100+/- ft of frontage on the East Branch of the AuSable River. Located at the end of a private drive, this log-sided 4BR/5BA home with an attached 3-car garage offers vaulted ceilings with skylights, hickory floors, and log/wood accents throughout. The kitchen features granite countertops and a wet bar, opening to a dining area with direct river views and a stone fireplace. The primary suite offers a walk-in closet, Tuscan plaster finishes, and a tiled shower with dual showerheads. Additional highlights include two upper-level bedrooms, a lower-level family room, a stone patio, and a covered wrap-around porch equipped with recessed lighting and surround sound. The standby generator and boiler currently run on propane, but natural gas is run to the home.

719 Wright Rd, Grayling

$489,000

Seller said Bring Offer!! 3 Bedroom, 2 Bathroom house on Lake Margrethe with 50' of frontage would make a great up north Lake Cottage or year round home! Incredible sunset views from inside the living room or 4 seasons room with even better view of the elevated two tier deck. Seawall is in excellent condition with shallow, sandy bottom lake frontage. One bedroom, bathroom and laundry room located on the main floor with 2 more bedrooms and full bathroom upstairs. If you're needing additional storage, there's an unfinished basement, shed, and township approved plans for a garage if the next owners choose to add. Immediate occupancy upon closing, natural gas, Charter Spectrum high speed internet or Frontier Fiber Optic internet (in case you need to work while on vacation).

3 Beds ⋅ 2 Baths ⋅ 201842251 MLS

Seller said Bring Offer!! 3 Bedroom, 2 Bathroom house on Lake Margrethe with 50' of frontage would make a great up north Lake Cottage or year round home! Incredible sunset views from inside the living room or 4 seasons room with even better view of the elevated two tier deck. Seawall is in excellent condition with shallow, sandy bottom lake frontage. One bedroom, bathroom and laundry room located on the main floor with 2 more bedrooms and full bathroom upstairs. If you're needing additional storage, there's an unfinished basement, shed, and township approved plans for a garage if the next owners choose to add. Immediate occupancy upon closing, natural gas, Charter Spectrum high speed internet or Frontier Fiber Optic internet (in case you need to work while on vacation).

2916 N Portage Ave, Grayling

$474,900

Here's a beautiful 40 acre parcel with a mixture of hardwoods and mature white pines. Home has 3 bedrooms and 2 baths with a split floor plan. Breezway between the home and garage is a perfect sitting area to watch the wildlife out back and also has enough room to shed the winter clothes. Two large decks and two concrete patio area out back, one hosts the hot tub. Property has many trails throughout, great for an evening walk, bike ride or the golf cart and quads. Large 24 x32 pole barn with 12x32 lean-to. Camping area also has a barn that is partially enclosed and the rest is open storage. Home does have central air and also a generator plug.

3 Beds ⋅ 2 Baths ⋅ 201842333 MLS

Here's a beautiful 40 acre parcel with a mixture of hardwoods and mature white pines. Home has 3 bedrooms and 2 baths with a split floor plan. Breezway between the home and garage is a perfect sitting area to watch the wildlife out back and also has enough room to shed the winter clothes. Two large decks and two concrete patio area out back, one hosts the hot tub. Property has many trails throughout, great for an evening walk, bike ride or the golf cart and quads. Large 24 x32 pole barn with 12x32 lean-to. Camping area also has a barn that is partially enclosed and the rest is open storage. Home does have central air and also a generator plug.

3499 Farren Ln, Grayling

$474,900

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!

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

$459,000

Private retreat on 5 acres featuring 3 bedrooms, 2 bathrooms, plus guest quarters with an additional 2 bedrooms and 2 bathrooms, whole home automatic generator, and a 30x40 attached heated garage with a bonus room above. The house and guest quarters have separate furnaces and separate central air conditioners. In the main house, there's a large cathedral ceiling with a huge dining room with knotty pine tongue and groove on the walls. Bedrooms are spaced separately throughout the house to maintain privacy. There's a large laundry room offering plenty of extra storage. In the garage, we have even more storage space with built in shelving and a storage loft to maximize the square footage for storing cars, vehicles, or the toys!

3 Beds ⋅ 2 Baths ⋅ 201843466 MLS

Private retreat on 5 acres featuring 3 bedrooms, 2 bathrooms, plus guest quarters with an additional 2 bedrooms and 2 bathrooms, whole home automatic generator, and a 30x40 attached heated garage with a bonus room above. The house and guest quarters have separate furnaces and separate central air conditioners. In the main house, there's a large cathedral ceiling with a huge dining room with knotty pine tongue and groove on the walls. Bedrooms are spaced separately throughout the house to maintain privacy. There's a large laundry room offering plenty of extra storage. In the garage, we have even more storage space with built in shelving and a storage loft to maximize the square footage for storing cars, vehicles, or the toys!

3741 Merrie Ln, Grayling

Parcel 'B' Parcel 'B' S I-75 Business Loop, Grayling

$449,000

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.

324089 MLS

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.

Parcel 'B' Parcel 'B' S I-75 Business Loop, Grayling

$444,000

NEW PRICE! Beautiful, custom-built timber frame home on 10.85 wooded acres & 4100 sq ft with a striking 26' vaulted ceiling. Key features include warm, inviting hardwood touches thru-out. The kitchen is a chef's delight complete w/high-end appliances (gas cooktop & electric oven), 9' quartz island w/stools & storage. Plus a seperate prep area complete with premium cabinets & hard surface tops. Enjoy a large formal & private dining/recreation room that offers beautiful views of nature. Relax!...The spacious primary suite w/extra-large walk-thru closet leads to your private oasis w/jetted tub & tiled shower. The walkout basement has additional entertaining space with a kitchen, full bathroom & nice covered patio. Big 30x52 pole building w/12x40 lean-to! TrueStream Fiber Optic coming!

2 Beds ⋅ 4 Baths ⋅ 201842516 MLS

NEW PRICE! Beautiful, custom-built timber frame home on 10.85 wooded acres & 4100 sq ft with a striking 26' vaulted ceiling. Key features include warm, inviting hardwood touches thru-out. The kitchen is a chef's delight complete w/high-end appliances (gas cooktop & electric oven), 9' quartz island w/stools & storage. Plus a seperate prep area complete with premium cabinets & hard surface tops. Enjoy a large formal & private dining/recreation room that offers beautiful views of nature. Relax!...The spacious primary suite w/extra-large walk-thru closet leads to your private oasis w/jetted tub & tiled shower. The walkout basement has additional entertaining space with a kitchen, full bathroom & nice covered patio. Big 30x52 pole building w/12x40 lean-to! TrueStream Fiber Optic coming!

3935 Tara Ln, Grayling

$399,900

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

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

$365,000

This beautiful 3-bedroom, 3-bath chalet home is situated on 5 scenic acres and directly abuts state land, offering privacy and natural beauty. Home features a full basement, an attached garage, and a spacious Trex deck with a built-in hot tub, creating for relaxing or entertaining, while looking over the landscaped yard. For the hobbyist, outdoor enthusiast, or recreational owner, the property offers a 30' x 40' heated pole barn with plenty of room. A carport with full RV hookup provides additional convenience for guests. NEW: furnace, AC and hot water heater in 2023. So much to list, see additional documents for more!

3 Beds ⋅ 3 Baths ⋅ 201843080 MLS

This beautiful 3-bedroom, 3-bath chalet home is situated on 5 scenic acres and directly abuts state land, offering privacy and natural beauty. Home features a full basement, an attached garage, and a spacious Trex deck with a built-in hot tub, creating for relaxing or entertaining, while looking over the landscaped yard. For the hobbyist, outdoor enthusiast, or recreational owner, the property offers a 30' x 40' heated pole barn with plenty of room. A carport with full RV hookup provides additional convenience for guests. NEW: furnace, AC and hot water heater in 2023. So much to list, see additional documents for more!

286 E M-72 Hwy, Grayling

$324,000

Privacy, acreage, and Huron National Forest right at your doorstep! This 4-bedroom, 2-bath home sits on 9.97 acres and adjoins roughly 7,000+ acres of Huron National Forest. The main floor features a kitchen, bedroom or home office, and an inviting living room with tall ceilings and a cozy wood stove. Upstairs you'll find three bedrooms and a spacious full bath. Outside, enjoy a covered front patio, back deck, 28x28 attached garage, and 12x24 pavilion tall enough for RV storage. An 8x12 shed with dog houses and a 10x32 fenced dog area is ready for your furry friends. Complete with a Generac generator, this private setting offers space, versatility, and endless opportunities for outdoor recreation.

4 Beds ⋅ 2 Baths ⋅ 201843167 MLS

Privacy, acreage, and Huron National Forest right at your doorstep! This 4-bedroom, 2-bath home sits on 9.97 acres and adjoins roughly 7,000+ acres of Huron National Forest. The main floor features a kitchen, bedroom or home office, and an inviting living room with tall ceilings and a cozy wood stove. Upstairs you'll find three bedrooms and a spacious full bath. Outside, enjoy a covered front patio, back deck, 28x28 attached garage, and 12x24 pavilion tall enough for RV storage. An 8x12 shed with dog houses and a 10x32 fenced dog area is ready for your furry friends. Complete with a Generac generator, this private setting offers space, versatility, and endless opportunities for outdoor recreation.

4329 Ryan Ln, Grayling

$319,900

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.

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

$305,000

Welcome to 6440 Richard Rd in beautiful Grayling, Michigan! Situated on a manicured corner lot, this spacious 5-bedroom, 2-bath home blends modern updates with Northern Michigan charm. Enter through the oversized 2.5+ car garage into a dream mudroom featuring custom hardwood lockers, benches, and storage cubbies. Enjoy heated floors in the garage, kitchen, mudroom, and dining area for added comfort year-round, supported by a dedicated tankless water heater system. The fully renovated kitchen, completed in 2018, is designed for entertaining with quartz countertops, massive island, double oven, warming drawer, beverage fridge, walk-in pantry, and a separate tankless water heater serving the full house. Enjoy the fenced backyard complete with patio, garden area, sprinkler system, irrigation for landscaping and potted plants, and room to relax around the bonfire. The finished basement offers endless flexibility for a home gym, office, recreation space, or additional living area. Additional updates include a well pump test completed in 2025, septic flushed in Fall 2025, and city water/sewer availability with new pavement improvements expected this summer or next. Located near lakes, trails, and outdoor recreation, this home offers the perfect mix of comfort, functionality, and Up North living. This home will not last long -- contact today to schedule your private showing!

5 Beds ⋅ 2 Baths ⋅ 201841876 MLS

Welcome to 6440 Richard Rd in beautiful Grayling, Michigan! Situated on a manicured corner lot, this spacious 5-bedroom, 2-bath home blends modern updates with Northern Michigan charm. Enter through the oversized 2.5+ car garage into a dream mudroom featuring custom hardwood lockers, benches, and storage cubbies. Enjoy heated floors in the garage, kitchen, mudroom, and dining area for added comfort year-round, supported by a dedicated tankless water heater system. The fully renovated kitchen, completed in 2018, is designed for entertaining with quartz countertops, massive island, double oven, warming drawer, beverage fridge, walk-in pantry, and a separate tankless water heater serving the full house. Enjoy the fenced backyard complete with patio, garden area, sprinkler system, irrigation for landscaping and potted plants, and room to relax around the bonfire. The finished basement offers endless flexibility for a home gym, office, recreation space, or additional living area. Additional updates include a well pump test completed in 2025, septic flushed in Fall 2025, and city water/sewer availability with new pavement improvements expected this summer or next. Located near lakes, trails, and outdoor recreation, this home offers the perfect mix of comfort, functionality, and Up North living. This home will not last long -- contact today to schedule your private showing!

6440 Richard Rd, Grayling

$304,900

Immediate occupancy! 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 KraftMaid cabinets, stainless appliances & wet bar- perfect for entertaining! 3 beds- 1 is a large PRIMARY Suite & full bath, plus a main full bath. The whole back of the house has 3 separate rooms that can be easily added as square footage- 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 trails to enjoy your private AuSable River oasis! Newer metal roof, windows & Home Warranty INCLUDED!

3 Beds ⋅ 2 Baths ⋅ 201840775 MLS

Immediate occupancy! 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 KraftMaid cabinets, stainless appliances & wet bar- perfect for entertaining! 3 beds- 1 is a large PRIMARY Suite & full bath, plus a main full bath. The whole back of the house has 3 separate rooms that can be easily added as square footage- 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 trails to enjoy your private AuSable River oasis! Newer metal roof, windows & Home Warranty INCLUDED!

801 S Ausable Trl, Grayling

$284,900

Beautifully updated and move-in ready! This charming 3-bedroom, 2-bath home is filled with character and thoughtful updates throughout. The spacious, light-filled living room features beautiful hardwood floors, oversized windows and a cozy fireplace, while the adjoining dining room offers stylish millwork and plenty of space to gather. The updated kitchen features quartz countertops, subway tile backsplash, open shelving and stainless appliances. A full, partially finished basement provides additional living space and plenty of storage. Located less than 5 minutes from town in the desirable Red Tail Hawk neighborhood, the home sits on an oversized, fenced-in lot with room to play, garden and entertain. Outside you'll find a large back deck, firepit, chicken coop and a nice shed!

3 Beds ⋅ 2 Baths ⋅ 201842808 MLS

Beautifully updated and move-in ready! This charming 3-bedroom, 2-bath home is filled with character and thoughtful updates throughout. The spacious, light-filled living room features beautiful hardwood floors, oversized windows and a cozy fireplace, while the adjoining dining room offers stylish millwork and plenty of space to gather. The updated kitchen features quartz countertops, subway tile backsplash, open shelving and stainless appliances. A full, partially finished basement provides additional living space and plenty of storage. Located less than 5 minutes from town in the desirable Red Tail Hawk neighborhood, the home sits on an oversized, fenced-in lot with room to play, garden and entertain. Outside you'll find a large back deck, firepit, chicken coop and a nice shed!

300 Red Tailed Hawk Loop, Grayling

$237,500

Welcome Up North! This well-maintained home is a must-see, offering the perfect blend of comfort, space, and amenities for year-round living or your Northern Michigan getaway. Situated on a beautifully landscaped 1.4-acre property, there is plenty of room to relax, entertain, and enjoy the outdoors. Inside, you'll find a desirable split-bedroom floor plan, separating the primary suite from the additional bedrooms helping provide ideal comfort for families, guests, or anyone who appreciates a little extra privacy. The open and inviting living spaces provide a comfortable flow for both everyday living and entertaining. The attached finished garage offers additional flexible space and creates a great setting for gatherings in any season, with convenient access to the outdoors. Next featuring the in-ground sprinkler system. Keep the beautifully landscaped yard looking its best with minimal maintenance. Recent updates provide added comfort and peace of mind, including a new furnace installed in 2025 and a whole-house generator. As part of a desirable association, you'll also enjoy access to a community swimming pool, clubhouse, rental opportunities, and river access. Whether you're looking for a peaceful year-round home or a place to escape and enjoy everything Northern Michigan has to offer, this property truly delivers Up North living at its best!

3 Beds ⋅ 2 Baths ⋅ 201842722 MLS

Welcome Up North! This well-maintained home is a must-see, offering the perfect blend of comfort, space, and amenities for year-round living or your Northern Michigan getaway. Situated on a beautifully landscaped 1.4-acre property, there is plenty of room to relax, entertain, and enjoy the outdoors. Inside, you'll find a desirable split-bedroom floor plan, separating the primary suite from the additional bedrooms helping provide ideal comfort for families, guests, or anyone who appreciates a little extra privacy. The open and inviting living spaces provide a comfortable flow for both everyday living and entertaining. The attached finished garage offers additional flexible space and creates a great setting for gatherings in any season, with convenient access to the outdoors. Next featuring the in-ground sprinkler system. Keep the beautifully landscaped yard looking its best with minimal maintenance. Recent updates provide added comfort and peace of mind, including a new furnace installed in 2025 and a whole-house generator. As part of a desirable association, you'll also enjoy access to a community swimming pool, clubhouse, rental opportunities, and river access. Whether you're looking for a peaceful year-round home or a place to escape and enjoy everything Northern Michigan has to offer, this property truly delivers Up North living at its best!

2027 Rosalind Ave, Grayling

$235,000

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!

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

$229,000

Daily Traffic Counts average 12,000 in front of this well kept office building with full, dry basement and paved parking. High speed internet available, City water service. Furnishings available or seller will empty the building. Zoned C-3A General Commercial.

201842347 MLS

Daily Traffic Counts average 12,000 in front of this well kept office building with full, dry basement and paved parking. High speed internet available, City water service. Furnishings available or seller will empty the building. Zoned C-3A General Commercial.

5653 Walker Dr, Grayling

$209,900

This 3-bedroom, 1-bath ranch offers approximately 1,800 sq ft of comfortable living space on 5 beautiful acres in Northern Michigan. The property provides plenty of room to enjoy the outdoors, garden, entertain, or simply take in the peaceful setting. Recent updates provide added peace of mind including a new well, furnace, and water heater all completed in 2026! The spacious pole building offers excellent storage for recreational equipment, vehicles, or hobbies. Also located just a short distance from the beautiful AuSable River and Gates AuSable Lodge, this property is ideally situated for those who enjoy fishing, kayaking, hunting, ORV trails, and all that Northern Michigan has to offer. Whether you're looking for a full-time residence, recreational retreat, or investment opportuni

3 Beds ⋅ 1 Baths ⋅ 201842689 MLS

This 3-bedroom, 1-bath ranch offers approximately 1,800 sq ft of comfortable living space on 5 beautiful acres in Northern Michigan. The property provides plenty of room to enjoy the outdoors, garden, entertain, or simply take in the peaceful setting. Recent updates provide added peace of mind including a new well, furnace, and water heater all completed in 2026! The spacious pole building offers excellent storage for recreational equipment, vehicles, or hobbies. Also located just a short distance from the beautiful AuSable River and Gates AuSable Lodge, this property is ideally situated for those who enjoy fishing, kayaking, hunting, ORV trails, and all that Northern Michigan has to offer. Whether you're looking for a full-time residence, recreational retreat, or investment opportuni

1638 S Stephan Bridge Rd, Grayling

$209,900

Freshly remodeled 3-bedroom home in Grayling. New Roof! Updated kitchen, bathrooms, flooring, paint and more! This home is in a quaint neighborhood and offers great living spaces, main-level laundry, natural gas and cable internet. With an attached garage and 10x16 shed, this is a move-in ready home.

3 Beds ⋅ 2 Baths ⋅ 201842494 MLS

Freshly remodeled 3-bedroom home in Grayling. New Roof! Updated kitchen, bathrooms, flooring, paint and more! This home is in a quaint neighborhood and offers great living spaces, main-level laundry, natural gas and cable internet. With an attached garage and 10x16 shed, this is a move-in ready home.

4960 Dawn Dr, Grayling

$199,900

Set on 5 acres, this 3-bedroom, 1-bath home offers an open layout with kitchen, dining, and living spaces that flow together comfortably. Enjoy plenty of room to relax and entertain, along with a wraparound deck and concrete patio overlooking the property. Mature trees and open yard space provide privacy and flexibility, creating an inviting setting with plenty of opportunity to make the home your own.

3 Beds ⋅ 1 Baths ⋅ 201843198 MLS

Set on 5 acres, this 3-bedroom, 1-bath home offers an open layout with kitchen, dining, and living spaces that flow together comfortably. Enjoy plenty of room to relax and entertain, along with a wraparound deck and concrete patio overlooking the property. Mature trees and open yard space provide privacy and flexibility, creating an inviting setting with plenty of opportunity to make the home your own.

4735 Wilderness Trl, Grayling

$199,000

Tucked into the hardwoods outside of town in Grayling, Michigan, this 20+ wooded acreage is a true sportsman paradise. Privacy, wildlife and endless recreation come standard here. Mature trees and natural habitat holds whitetail, turkey and small game. Sight it in and stay sharp at your private range on site. Well, septic, electric and a 8x10 shed are waiting for your pole barn and home build with the circle drive in place. Established trail is great for your ATV rides or scouting the property for the perfect hunting stand location. Located near beautifilul blue waters of Kneff Lake and not too far from famed Gates AuSable Lodge and river! Whether you are looking for a hunting camp, weekend getaway or wooded homestead in the heart of Northern Michigan, this property checks every box.

201843090 MLS

Tucked into the hardwoods outside of town in Grayling, Michigan, this 20+ wooded acreage is a true sportsman paradise. Privacy, wildlife and endless recreation come standard here. Mature trees and natural habitat holds whitetail, turkey and small game. Sight it in and stay sharp at your private range on site. Well, septic, electric and a 8x10 shed are waiting for your pole barn and home build with the circle drive in place. Established trail is great for your ATV rides or scouting the property for the perfect hunting stand location. Located near beautifilul blue waters of Kneff Lake and not too far from famed Gates AuSable Lodge and river! Whether you are looking for a hunting camp, weekend getaway or wooded homestead in the heart of Northern Michigan, this property checks every box.

Rustic Lane, Grayling

$199,000

Welcome to this beautifully updated 3-bedroom 1 1/2 bath, full basement home with attached garage and fenced in yard ideally located within walking distance of downtown Grayling! Offering a quiet setting with convenient access to local shops, dining, parks and community amenities, this home combines comfort, functionality and location. Numerous updates provide peace of mind, including an updated kitchen, newer roof, new windows, new appliances and a new hot water heater. The refreshed exterior adds to the home inviting curb appeal. A full basement provides excellent storage or future living-space potential, while the attached 2 car garage offers everyday convenience. Outside, enjoy the privacy of a fenced-in yard and the practicality of a concrete driveway. Move-in ready and thoughtfully improved, this home is a wonderful opportunity to enjoy all that Grayling has to offer!

3 Beds ⋅ 2 Baths ⋅ 201842411 MLS

Welcome to this beautifully updated 3-bedroom 1 1/2 bath, full basement home with attached garage and fenced in yard ideally located within walking distance of downtown Grayling! Offering a quiet setting with convenient access to local shops, dining, parks and community amenities, this home combines comfort, functionality and location. Numerous updates provide peace of mind, including an updated kitchen, newer roof, new windows, new appliances and a new hot water heater. The refreshed exterior adds to the home inviting curb appeal. A full basement provides excellent storage or future living-space potential, while the attached 2 car garage offers everyday convenience. Outside, enjoy the privacy of a fenced-in yard and the practicality of a concrete driveway. Move-in ready and thoughtfully improved, this home is a wonderful opportunity to enjoy all that Grayling has to offer!

129 Fulton St, Grayling

$189,000

Your Up North Retreat Awaits- near trails & the AuSable River! Discover the charm of Northern Michigan living with this inviting 2 bedroom, 1.5 bath home situated on 2.5 acres! Featuring a metal roof installed just five years ago, updated windows, and newer flooring. This home offers comfort and country charm. Enjoy gatherings in the formal dining area or cozy evenings by the wood stove. The spacious 34' x 16' detached garage with an attached lean-to provides plenty of room for storage, tools, outdoor toys and firewood. Outdoor enthusiasts will love being just minutes from recreational trails, the beautiful AuSable River, Hartwick Pines State Park, and endless ''Up North'' adventures. Perfect if you're seeking a year-round home, weekend getaway, or base camp for Northern Michigan!

2 Beds ⋅ 2 Baths ⋅ 201843326 MLS

Your Up North Retreat Awaits- near trails & the AuSable River! Discover the charm of Northern Michigan living with this inviting 2 bedroom, 1.5 bath home situated on 2.5 acres! Featuring a metal roof installed just five years ago, updated windows, and newer flooring. This home offers comfort and country charm. Enjoy gatherings in the formal dining area or cozy evenings by the wood stove. The spacious 34' x 16' detached garage with an attached lean-to provides plenty of room for storage, tools, outdoor toys and firewood. Outdoor enthusiasts will love being just minutes from recreational trails, the beautiful AuSable River, Hartwick Pines State Park, and endless ''Up North'' adventures. Perfect if you're seeking a year-round home, weekend getaway, or base camp for Northern Michigan!

581 N Wilcox Bridge Rd, Grayling

$188,900

Bring your vision to life in this four bedroom, frame built home offering plenty of potential! Featuring a generously sized backyard, detached garage, natural gas, central A/C, and high speed internet. The lower level provides additional space with endless possibilities to make it your own. Conveniently located near schools, shopping, dining, and all the amenities of town. A great opportunity to add your personal touches and make this home shine!

4 Beds ⋅ 1 Baths ⋅ 201841440 MLS

Bring your vision to life in this four bedroom, frame built home offering plenty of potential! Featuring a generously sized backyard, detached garage, natural gas, central A/C, and high speed internet. The lower level provides additional space with endless possibilities to make it your own. Conveniently located near schools, shopping, dining, and all the amenities of town. A great opportunity to add your personal touches and make this home shine!

605 Rose St, Grayling

$185,000

Perfect first home for a small family. Modern updates creates a cute a cozy feel. Two bedroom, office area and one bath. Fenced back yard is perfect for the pets. Covered front porch is great for summer and is shaded by a couple of lilac trees. Great area which is located close to everything Grayling has to offer.

2 Beds ⋅ 1 Baths ⋅ 201840445 MLS

Perfect first home for a small family. Modern updates creates a cute a cozy feel. Two bedroom, office area and one bath. Fenced back yard is perfect for the pets. Covered front porch is great for summer and is shaded by a couple of lilac trees. Great area which is located close to everything Grayling has to offer.

107 Vilas St, Grayling

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