$1,750,000 for Sale
10935 linger longer, grayling, MI 49738
Property Description
Rare opportunity to own a premier riverfront investment property on the legendary Au Sable River in Grayling. Spanning 5 gorgeous, wooded acres with over 500 feet of frontage on one of North America?s most sought-after fly fishing destinations, this turnkey short-term rental business offers both lifestyle and exceptional income. The property features six fully furnished and professionally operated cabins, including five smaller cabins accommodating 4?8 guests and one expansive lodge-style cabin that sleeps up to 20. The large cabin boasts 8 bedrooms, 3.5 baths, a fully equipped chef?s kitchen, spacious dining area with adjacent bar, and a stunning stone fireplace. Guests enjoy a full suite of amenities including a game room with pool table and shuffleboard, sauna, and outdoor gathering spaces. Adding even more value is the turnkey on-site convenience store, offering beer, wine, liquor, fishing gear, ice cream, and more?creating multiple revenue streams. Above the store, a second-floor loft provides additional lodging for up to 8 guests, complete with a full kitchen, large dining area, and comfortable living space. Each cabin is equipped with satellite TV, high-speed wireless internet, and keyless entry. A fully integrated mobile management system allows for seamless remote operation, including guest check-ins/outs, access control, and security monitoring - making this an ideal investment. With top-line revenue exceeding $250,000 annually (without utilizing the loft rental), there is significant upside potential. Whether you?re looking to expand your portfolio or own a trophy property in a world-class outdoor destination, this is a one-of-a-kind offering.
General Information
Sale Price: $1,750,000
Price/SqFt: $210
Status: Active
MLS#: 50206593
City: south branch twp
Post Office: grayling
County: Crawford
Acres: 5.28
Lot Dim: irregular
Size: 8,320 sq.ft.
Acreage: 5.28 est.
Year Built: 1952
Property Type: Commercial/Industrial
Tax, Fees & Legal
Est. Summer Taxes: $5,666
Est. Winter Taxes: $17,176
Information provided by East Central Association of REALTORS
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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Howard Ebenhoeh of REMAX Tri County
