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110 State Street, Grayling, MI 49738

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For Sale

$660,000

3 beds • 3 baths • 1,434 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $460.25
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Live on the AuSable River in Downtown Grayling Residential Home + Optional Lifestyle Business Opportunity----------- Discover an exceptional chance to live on the world-famous AuSable River while also owning one of Grayling s most recognizable and successful riverfront businesses. This fully updated home sits on an adjacent lot to the iconic Carlisle Canoe Livery, offering a rare blend of comfortable residential living, walkable downtown convenience, and optional income potential just steps away.------------------ The home is beautifully remodeled and currently operates as a successful vacation rental, though it easily transitions into a full-time private residence. Enjoy modern updates, a bright and inviting interior, and peaceful views of the AuSable one of Michigan s most treasured waterways. River lovers will appreciate the easy access to paddling, fishing, wildlife, and all the natural beauty that defines Grayling.------------- Just beyond the backyard sits the historic Carlisle Canoe Livery, available with the property as a turnkey business for those seeking a unique lifestyle upgrade. The livery features over 220 feet of pristine river frontage, a charming boardwalk, and the original Carlisle building where the modern canoe paddle was invented. All business equipment, vehicles, name, and goodwill are included for a buyer interested in continuing operations. It is the premier canoe livery in the region, known for strong profits, especially from its popular overnight canoe trips. Whether you choose to live here full time, maintain the home as a rental, operate the business yourself, or simply enjoy owning a piece of local history, this property offers unmatched flexibility and value. Walk to downtown shops and restaurants, relax by the river, and embrace the rare opportunity to combine quality residential living with a thriving, deeply rooted Northern Michigan business.
MLS# 1940861

Courtesy Of BHHS Michigan Real Estate
630 E Front Street Suite 200, Traverse City, MI 49686
(231) 947-7777

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Water Front
  • Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.7 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Kitchen, Living Room
  • View Type
    Water

Map and Directions

Directions to 110 State Street, Grayling, MI 49738

Home seller CENTURY 21 Realty North

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CENTURY 21 Realty North

(989) 348-5474
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.