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Jennifer D. Jennings
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106 E Michigan Avenue, Grayling, MI 49738

$499,900
  • 106 E Michigan Avenue, Grayling, MI 49738 Main Photo

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Active
SQUARE FEET3,590 MLS#201837849
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONCITY OF GRAYLING

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 propertys value.Whether youre 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!

106 E Michigan Avenue | MLS# 201837849

This commercial property located at 106 E Michigan Avenue, Grayling, MI 49738 is currently listed for sale with an asking price of $499,900. Search Grayling real estate on www.jdjrealtor.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 34.5 X 120

Feature Descriptions

Accessibility Features: Covered Entrance,36 in Entrance Door, Access-Bathroom Sink
Body of Water: None
Days on Site: 148
Extras: High Visibility, Kitchen Area, Laundry, Lounge/Bar, Living Quarters, Refrigerated Storage, Restaurant, Restroom (s), Smoke Detectors, Fire Sprinklers Sys, Storage, Window Cove
Financing Available: Cash, Conventional Mort, VA Loan
Lot Dimensions: 34.5 X 120
Parcel Number: 070-100-017-005-00
Parking Features: Paved, Parking Lot, Street Parking
Road Surface: Concrete
Sewer: Municipal, Public Sewer

Listed By / Shown By

Listed By

Agency Name: Homewaters, L.L.C. Grayling
Agency Phone: 734-474-9487

Shown By

Agent Name: Jennifer D. Jennings
Agent Phone: (989) 295-4680
Agency Title: Key Realty

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/01/2026. The listing information on this page last changed on 04/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/01/2026 3:15:42 AM EST) or MichRic (Michigan Regional Information Center) (last updated Tue 03/31/2026 11:17:32 PM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Tue 03/31/2026 11:34:27 PM EST) or NIRA MLS (last updated Tue 03/31/2026 6:18:31 AM EST) or RealComp MLS (last updated Wed 04/01/2026 12:45:47 AM EST) or Dayton MLS (last updated Tue 03/31/2026 11:46:34 PM EST) or NORIS MLS (last updated Tue 03/31/2026 11:14:18 PM EST) or IRES MLS (last updated Wed 04/01/2026 12:17:02 AM EST) or Colorado Real Estate Network IDX (last updated Tue 03/31/2026 7:05:34 PM EST) or CBRMLS (last updated Wed 04/01/2026 12:44:28 AM EST) or Multiple Listing Service of Greater Cincinnati (last updated Tue 03/31/2026 3:24:27 PM EST) or Terrehaute MLS (last updated Wed 04/01/2026 2:56:16 AM EST) or Pikes Peak REALTORR Services Corp (last updated Wed 04/01/2026 12:45:12 AM EST) or Stellar MLS (last updated Wed 04/01/2026 1:58:51 AM EST) or NKY MLS (last updated Tue 03/31/2026 11:28:23 PM EST) or Wrist MLS (last updated Tue 03/31/2026 11:24:16 PM EST) or Firelands MLS (last updated Tue 03/31/2026 11:11:25 PM EST) or LCAR MLS (last updated Tue 03/31/2026 10:50:12 AM EST) or West Central MLS (last updated Tue 03/31/2026 9:51:05 PM EST) or Fort Myers (last updated Tue 03/31/2026 11:04:34 PM EST) or Aspen/Glenwood Springs MLS (last updated Tue 03/31/2026 9:29:41 PM EST) or Northern Nevada Regional MLS (last updated Wed 04/01/2026 1:16:43 AM EST) or MLS NOW (last updated Wed 04/01/2026 12:17:29 AM EST) or Northern Great Lakes Association of Realtors (last updated Wed 04/01/2026 12:19:12 AM EST) or Mansfield MLS (last updated Tue 03/31/2026 11:47:13 PM EST) or Metropolitan Indianapolis Board of Realtors (last updated Wed 04/01/2026 1:06:13 AM EST) or Grand Junction MLS (last updated Tue 03/31/2026 11:37:23 PM EST) or Knox County MLS (last updated Tue 03/31/2026 11:08:38 PM EST) or IRMLS (last updated Tue 03/31/2026 11:12:25 PM EST) or Pueblo MLS (last updated Wed 04/01/2026 12:43:42 AM EST) or Upper Peninsula MLS (last updated Tue 03/31/2026 11:10:11 PM EST) or Greater Lansing MLS (last updated Tue 03/31/2026 10:37:48 PM EST) or SEBAR MLS (last updated Tue 03/31/2026 11:39:21 PM EST) or Water Wonderland MLS (last updated Tue 03/31/2026 10:52:45 PM EST) or Eastern Upper Peninsula MLS (last updated Tue 03/31/2026 11:59:10 PM EST) or Scioto Valley MLS (last updated Tue 03/31/2026 10:02:55 PM EST) or Northern Michigan MLS (last updated Tue 03/31/2026 9:33:49 PM EST). Real estate listings held by brokerage firms other than Key Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Agency License Information: 1-877-539-7589 | Ohio Lic# REC.2010002888 6800 W Central Ave #B, Toledo, OH 43617 | Michigan Lic# 6505366134 8040 Summerfield Rd, Lambertville, MI 48144 | Indiana Lic# RC52400106 3029 W Smith Valley Rd #211, Greenwood, IN 46142 | West Virginia LIC# 010306 Erin Rickman, Broker. 410 Market St #3, Parkersburg, WV, 26101 | Colorado LIC# EC.100108419 603 Rood Ave, Grand Junction, CO 81501 | Nevada LIC# B.0146350.LLC 9190 Double Diamond Pwky, Reno, NV 89521 | Florida LIC# CQ1073507 16638 Mooner Plank Cir, Wimauma, FL 33598



Agent License Information: 6501402331 Brokerage/Company License Number: MI-65-05366134

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