Remarks

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 through October 2025, 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.

Details

MLS#: 201832649
Price: $574,900

Style: Commercial/Vacant
Sq Ft: 3590.00

County: Crawford
Subdivision: CITY OF GRAYLING
Lot Size: 34.5 X 120

School District: Crawford Ausable