$499,900
106 e michigan avenue, grayling, MI 49738
Property Description
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!
General Information
Price: $499,900
Price/SqFt: $139
Status:
MLS#: 201837849
City: grayling
Post Office:
County: Crawford
Acres: 0
Lot Dim: 34.5 X 120
Size: 3,590 sq.ft.
Year Built: 0
Property Type: Commercial Sale
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $0
Listing Courtesy of: Michelle E Millikin of Homewaters L.L.C. Grayling
Information provided by Water Wonderland Board of REALTORS
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Listing information provided courtesy of the Water Wonderland Board of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
This listing last updated: Tue, November 04, 2025 at 3:20:38 PM EST
WWBMI Listing Data Last Updated on Mon, March 2 2026 at 8:13am
