The median home value in Grayling, MI is $174,950.
This is
higher than
the county median home value of $129,950.
The national median home value is $308,980.
The average price of homes sold in Grayling, MI is $174,950.
Approximately 50% of Grayling homes are owned,
compared to 27% rented, while
23% are vacant.
Grayling real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Grayling real estate agent to arrange a tour today!
Learn more about Grayling.
Welcome to your slice of paradise in Grayling, Michigan! Nestled on 7.58 acres of pristine land, this property offers a rare blend of natural beauty and commercial potential. Majestic white pine and eastern pine trees dot the landscape, their towering silhouettes providing shade, privacy, and adding to the charm of the surroundings. A large ridge overlooks the creek bottom. The property's favorable commercial zoning (C-3) opens up a world of possibilities for potential buyers.Contingent on split approval from parent parcel.
32,000 sq ft open span industrial in Kalkaska Village, the ideal central location easily accessing all of NW Michigan; 2.9 acre lot with additional adjoining land available; 1.5 acres paved parking for 150 + cars; heavy Consumers power; DTE Natural Gas, 8 inch municipal water main, municipal sewer; radiant heat throughout; remodeled airconditioned offices, 4 bathrooms, employee break room, locker room; average height over 20 ft; 5 ton Overhead Crane, 2 truck docks and 4 ground level overhead doors; clean environmental; air compressor room; easily split for two tenants.
City of Grayling- HUGE visible highway frontage! 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, Currently a beauty college, previously used as a restaurant. Possible office or retail?...Endless opportunities! Appointments must be made as business is currently operating.
GREAT LOCATION!! Downtown Grayling is booming! Be a part of the downtown ''come back'' by investing in this awesome high car & foot traffic space- smack in the middle of the hustle & bustle downtown! Nice neutral painted interior, luxury vinyl flooring, new Central AC unit. Walking in the front door, there's a huge open space, perfect for a retail store to showcase racks & displays, also a wet sink & counter towards the back. Or build to suit, great endless possibilities! What about a pet store? That would be amazing! Also, you'll find office space, utility room with washer/dryer hook-up, a great warehousing space in the back with rear entry door, & of course a restroom. Whatever the new owner chooses, they will be part of the phenomenal growth of quaint downtown Grayling!
Prime Investment Opportunity! This prime investment opportunity is conveniently located just outside of Grayling on N I-75 business loop. With a high occupancy rate and gross monthly income of 12k, this property offers excellent potential for profit. Featuring seven buildings, including ten efficiency units, some with kitchenettes; a large one-bedroom apartment; a duplex with two spacious one-bedroom units; a duplex cabin with two nice two-bedroom units, a charming two-bedroom house, and even a mobile home. Additionally, there is a large partially heated pole barn on-site, laundry room for your tenants, and two brand new water heaters installed. Don't miss out on this lucrative chance to expand your portfolio! Owner is a licensed real estate agent.
Wow- TURN KEY BUSINESS OPPORTUNITY!!! Long standing Adult Foster Care facility in the city of Grayling is available for purchase! Very well established, this business opportunity is an awesome investment. New owner just needs to get a license with LARA & pick out a new name- everything else is ready to go. All furnishings & supplies are included! The home is fully filled so income should be immediate! The home houses 12 clients, has a full kitchen, dining room, living room, several pantries for supplies & food, laundry area, nice fenced in back yard for relaxing. Close to all Grayling amenities. All interested parties must pass a background check with the state, seller can help guide. To view the interior must be made to the listing agent to approve. This is an awesome opportunity
Great spot for a repair shop. This large building has two oversized garage doors in front, a large pass through door to the back 14 x 50 ft addition. Showroom area has a open floor plan then around back has plenty of space to store parts and supplies. The house/office would be a great rental for extra income or place to live. Brand new septic system, drainfiels and tank, also new plumbing through the shop and rental home. All new steel doors on the house and shop, along with handles and locks. Many updates are happening weekly.
Investment opportunity in a prime location! This 21-unit motel, coupled with on-site living sits on a sprawling 4.8-acre lot. and provides a steady income stream. This location is a sought-after destination for travelers and tourists. The 2-bedroom, 3-bathroom house is perfect for an owner/manager to reside, ensuring on-site management. The det. garage provides additional storage and a separate workshop area. There's ample space for potential expansion or redevelopment, further increasing your investment potential. With its strategic location at a busy intersection this property enjoys high visibility and easy accessibility, making it a prime location for business. Don't miss out on this remarkable real estate opportunity with endless possibilities for growth and income.
Developers and Investors you will want to see this one! 3.25 Acres of Commercial frontage on I-75 Business Loop/N Old 27 with approximately 300 feet of frontage which would need an approved municipal split from the parent parcel. This is also being marketed as a package deal, there are other options for purchase available! Located across the road the Grayling Army Airfield and just 2 miles from Downtown Grayling. Other Commerical businesses in this area. Land Contract terms available!
Developers and Investors you will want to see this one! 13 Acres of Commercial frontage on I-75 Business Loop/N Old 27 with approximately 1,145 feet of frontage which might be permitted to be split/subdivided with municipal approval This is also being marketed as a package deal, there are other options for purchase available! Located across the road the Grayling Army Airfield and just 2 miles from Downtown Grayling. Other Commerical businesses in this area. Land Contract terms available!
Location is everything and this industrial property is one of the largest tracks of land still available off of East M-72 in Williamsburg. High traffic counts with over 32,000 vehicles a day.
High-quality industrial building just outside the Grayling city limits! Sitting adjacent to I-75 (Exit 256), this former metal fabricating facility atop 8.5 acres is awaiting its next commercial venture. The facility includes a fully-insulated L-shaped building with tall ceilings, multiple overhead doors, multiple overhead cranes, an explosion-proof painting/application area, multiple air recovery systems, supporting office space, a breakroom, a mezzanine office, and mezzanine storage. The maintenance garage features multiple overhead cranes and overhead doors, while the parcel affords plenty of yard space. The facility is serviced by 3-phase electric, natural gas, well water, and private septic.
High-quality industrial building just outside the Grayling city limits! Sitting adjacent to I-75 (Exit 256), this former metal fabricating facility atop 8.5 acres is awaiting its next commercial venture. The facility includes a fully-insulated L-shaped building with tall ceilings, multiple overhead doors, multiple overhead cranes, an explosion-proof painting/application area, multiple air recovery systems, supporting office space, a breakroom, a mezzanine office, and mezzanine storage. The maintenance garage features multiple overhead cranes and overhead doors, while the parcel affords plenty of yard space. The facility is serviced by 3-phase electric, natural gas, well water, and private septic.
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.