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.
General Information
Price: $850,000
Price/SqFt: $83
Status:
MLS#: 201827194
City: grayling
Post Office:
County: Crawford
Acres: 0
Lot Dim: 440x347x224x273x511
Size: 10,261 sq.ft.
Year Built: 0
Tax, Fees & Legal
Est. Summer Taxes: $0 Est. Winter Taxes: $0 Buyer's Agency Compensation*:
*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Courtesy of: Todd Precord of RE/MAX New Horizons
