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About This Home

This 1-bedroom, 1-bathroom single family at 5973 W M-72 Highway in Grayling, MI is listed for $1,200,000 ($1,435 per sqft). the home offers 836 sqft of living space on a 16.00 acres lot.

Agent Description

REMARKABLE BUSINESS OPPORTUNITY-Finley's Riverside Cabins! Situated on over 16+ scenic wooded acres & on over 1000' of AuSable River frontage! Beautifully remodeled cabins w/modern amenities, perfectly placed on a bustling stretch of M-72, just west of downtown Grayling.

This is a well established vacation rental business with repeat business growing every year & open year round! An outdoor pavilion rental seating 80 comfortably for weddings, graduations, reunions & parties, a beautiful secluded riverside ceremony space & plenty of parking.

There are several wooded walking trails leading to a canal off the river, a spring-fed pond, a kayak/canoe launch area, & several seating areas. The bend in the river is the best trout fishing spot around! This business comes as TURN-KEY operation ! The owners have taken great care of the property- including adding the pavilion & maintaining the structures to ensure longevity.

The year-round cabin foundations have been protected by Foundation Systems of Michigan with transferrable warranty & an extra foot of insulation added, Window Source triple pane (easy-tilt to clean) windows installed for great insulating efficiency. Roof Maxx treatment was applied to add years of longevity to the shingles.

All rental cabins are tastefully decorated & come furnished with everything included! On-site caretakers apartment makes this an easy business to run. Also included- John Deere lawn tractor/snowblower, 2 generators & Ankee Security System. Grayling municipal water coming soon. Full inventory available upon request.

Key Features

  • 16.00 acre lot
  • Waterfront

Property Details

1 full

Amenities

Waterfront

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

5973 W M-72 Highway

Grayling, MI 49738

T26N-R3W

Features & Amenities

Interior Features

BlindsCurtain RodsDrapes1st Flr Master Bdrm

Exterior Features

Cable TVGuest Quarters/AptPatio/PorchPortable GeneratorShed

Property Details

Construction

Frame

Pool Features

Patio

Heating

Electric (Heating)Ductless (Heating)

Appliances

WasherRange/OvenRefrigeratorMicrowaveDryer

Questions & Answers

This 1-bedroom, 1-bathroom single family at 5973 W M-72 Highway is listed at $1,200,000 ($1,435/sqft). The estimated monthly payment is $5,200 based on 20% down at 6.5% interest.

Key features include: 16.00 acre lot, Waterfront. Interior Features: Blinds, Curtain Rods, Drapes. Exterior Features: Cable TV, Guest Quarters/Apt, Patio/Porch.

This property is listed by Mary E. Becker and can be reached at 5862421179 or heartofupnorthrealty@gmail.com.

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MB

Mary E. Becker

Agent at Heart of Up North Realty, LLC

(586) 242-1179

Listed by Heart of Up North Realty, LLC · View on Broker Site

MLS# 201838519· Source: listhub· Updated 175 days ago

Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5973 W M-72 Highway, Grayling, MI 49738

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