About 615 S I 75 Business Loop
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.
Features of 615 S I 75 Business Loop
| MLS® # | 81026002439 |
|---|---|
| Price | $779,000 |
| Bathrooms | 23.00 |
| Acres | 25.00 |
| Year Built | 1970 |
| Type | Commercial |
| Status | Pending |
Community Information
| Address | 615 S I 75 Business Loop |
|---|---|
| Area | 20042 - Grayling |
| City | Grayling city |
| County | Crawford |
| State | Michigan |
| Zip Code | 49738 |
Amenities
| Utilities | Cable Connected, Electricity Connected |
|---|---|
| Parking | Aggregate |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas, Space Heater |
|---|---|
| Fireplace | No |
Exterior
| Construction | Aluminum Siding, Frame, Wood Siding |
|---|---|
| Foundation | Basement, Block, Partial Basement |
School Information
| District | Crawford Ausable |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | 3DX Real Estate, LLC |
|---|---|
| Contact Info | nancy.gladstone@gmail.com |