$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#: ecami50206593
City: south branch twp
Post Office: grayling
County: Crawford
Acres: 5.28
Lot Dimensions: irregular
Size: 8,320 sq.ft.
Acreage: 5.28 est.
Year Built: 1952
Property Type: Commercial/Industrial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $5,666
Est. Winter Taxes: $17,176
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Listing By: Howard Ebenhoeh of REMAX Tri County, Phone: 989-323-2161
