10935 Linger Longer Rd - Hospitality FOR SALE


Grayling, MI 49738
$1,750,000 USD
989-737-1023
10935 Linger Longer Rd, Grayling, MI for Sale
$1,750,000 USD
Hospitality - FOR SALE
1/67
null | Request Cap Rate

10935 Linger Longer Rd
Grayling, MI 49738


HIGHLIGHTS

  • Situated on 5 wooded acres with over 500 feet of frontage on the Au Sable River.
  • Six fully furnished rental units, including a large lodge that accommodates up to 20 guests.
  • On-site convenience store generates additional income through retail and beverage sales.
  • Amenity-rich experience featuring sauna, game room, and outdoor recreation areas.
  • Modernized with high-speed internet, satellite TV, and keyless entry systems.
  • Mobile property management platform allows for efficient remote oversight and control.

OVERVIEW

This remarkable riverfront investment property along the renowned Au Sable River presents a rare opportunity to acquire a fully operational short-term rental business in one of North America’s premier fly-fishing destinations. Spanning 5 scenic acres with over 500 feet of pristine river frontage, this property is designed for income generation and guest appeal. The offering includes six turnkey, fully furnished cabins—five smaller cottages and one expansive lodge-style cabin capable of accommodating up to 20 guests. The large cabin features eight bedrooms, three and a half baths, a chef’s kitchen, spacious dining with a bar, and an inviting stone fireplace for communal gatherings. Guests enjoy high-quality amenities such as a game room with pool tables and shuffleboard, a sauna, and multiple outdoor gathering areas that enhance the vacation experience. An on-site convenience store provides beer, wine, liquor, fishing gear, snacks, and ice cream, delivering additional revenue streams. Above the store, a fully equipped loft sleeps eight, creating added lodging potential. Each unit offers modern comforts including satellite TV, high-speed Wi-Fi, and keyless entry. Streamlined with a mobile management platform for seamless remote operations, this business combines lifestyle appeal with strong income performance for an investor seeking an established, multi-faceted hospitality asset on the Au Sable River.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$210 USD /SF

# OF ROOMS

5

PRICE/ROOM

$350,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1952

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

-

APN/PARCEL ID

063-011-003-100-03,063-011-003-120-01,063-011-003-120-02,063-011-003-120-03,063-011-003-120-04,063-011-003-120-05,063-011-003-120-07,063-011-003-120-08,063-011-003-120-09

ASK ABOUT THIS PROPERTY

Denise EbenhoehRemax Tri-CountyMore Info
989-737-1023

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Denise EbenhoehRemax Tri-CountyMore Info
989-737-1023

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.