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5973 W M-72 Highway, Grayling, MI 49738

$1,200,000
  • 5973 W M-72 Highway, Grayling, MI 49738 Main Photo

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Active
BEDS1 BATHS1 full SQUARE FEET836 MLS#201838519
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONT26N-R3W SCHOOLCrawford Ausable

Property Description

REMARKABLE BUSINESS OPPORTUNITY-Finleys 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 Highway | MLS# 201838519

This home located at 5973 W M-72 Highway, Grayling, MI 49738 is currently listed for sale with an asking price of $1,200,000. This property has 1 bedrooms and 1 full baths with 836 sq. ft. W M-72 Highway is located in the T26N-R3W subdivision within the Crawford Ausable school district. Search T26N-R3W real estate on www.ikeyrealty.com today.

Property Features

Property Type: Residential -
Basement: None
Heating: Electric, Mini Split Heat/Cool
Lot Size: 16.00 Acres

Amenities

Blinds
Curtain Rods
Drapes
1st Flr Master Bdrm
Security System
Smoke Detector
1st Flr Master Bdrm
Cable TV
Guest Quarters/Apt
Patio/Porch
Shed
Portable Generator

Feature Descriptions

Additional Rooms: Guest Quarters/Apt, Office, Sun Room, Workshop
Appliances: Dryer, Microwave, Refrigerator, Range/Oven, Washer
Body of Water: Au Sable River
Date active: 2025-10-17
Days on Site: 45
Exterior: Wood
Financing Available: Cash, Conventional Mortgage
Foundation: Crawl
Frontage Type: River
Heating Y/N: Yes
Laundry: Main Level
Lot Dimensions: 16+ acres
Mineral Rights: Unknown
Parcel Number: 040-41-018-06-020-00, 060 & 040, 007-11-045-00
Road Surface: Paved, Maintained
Security: Security System, Smoke Detector(s)
Security: yes
Sewer: Septic Tank
SQFT Above Grade: 836
Water: Well

Room Sizes

Bathroom 1: 7.5 X 4.8 Level - 1st
Dining Room: combo Level - 1st
Kitchen: 11.6 X 6 Level - 1st
Living Room: 15 X 15 Level - 1st
Other Room 1: 14.8 X 9 Level - 1st
Other Room 2: 11.5 X 9.6 Level - 1st
Utility Room: 13.5 X 4.10 Level - 1st

Local Schools

High School: Grayling
Elementary School: Grayling
School District: Crawford Ausable

Listed By / Shown By

Listed By

Agency Name: Heart of Up North Realty, LLC
Agency Phone: 989-889-1205

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 7,062.46 per month $6,712.46 Principal & Interest $0.00 Property Tax (data not provided by mls) $350.00 Homeowner's Insurance

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