Contingency

2887 Margrethe Boulevard

Grayling, MI 49738

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6,346

Square Feet

Small Business opportunity! Former marine business that has been closed for 3 years just blocks from beautiful Lake Margrethe. Features retail space, office area, showroom, and storage. Excellent visibility and flexible commercial potential for marine, retail, service or storage use. Convenient location with close proximity to recreational traffic and an established business setting. Price of $185,000 includes parts & accessories, water pumps, specialty tools for outboard motors and stern drive motors and marine repairs, existing inventory, pontoon trailer

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Estimated Monthly Payment Breakdown

Est. Purchase Price

$50,907 per month

PMI

$3,461 per month

Insurance

$400 per month

Taxes

$12,500 per month

Total Payment:

$67,268 per month

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Status
Contingency [?]
Address
2887 Margrethe Boulevard 
City
Grayling 
Zip
49738 
Year Built
1956 
Subdivision
T26N R4W 
List Price
$160,000
County
Crawford 
Above Grade SqFt
6,346 
Possession
Immediate 

Current Use
Vacant Building 
Comm. Total Space
6346 
Comm. Office Space
204.0 
Comm. Warehouse Space
4431.0 
Comm. Retail Space
1711.0 
Zoning
R2 
Water
Well 
Sub Property Type
Commercial/Vacant 
Cooling
Natural Gas, Space Heater 
Heating
Natural Gas, Space Heater 

School District
Crawford Ausable 

MLS Number Status Activity Date List Price Sold Price DOM
201840371 Contingency Jun 30 2026 2:05PM
201840371 Active May 27 2026 1:05PM $160,000 38
201810016 Expired Oct 19 2022 2:31AM
201810016 Active Dec 1 2020 2:50PM $497,000 730

Listing courtesy of  Re/Max Of Grayling
Office Address: 5728 M-72 West, Grayling

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Listings last updated: July 28, 2026. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available.

Our Michigan real estate agents can answer all of your questions about 2887 Margrethe Boulevard, Grayling MI 49738. Real Estate One and Max Broock Realtors are part of the Real Estate One Family of Companies and dominate the Grayling, Michigan real estate market. To sell or buy a home in Grayling, Michigan, contact our real estate agents as we know the Grayling, Michigan real estate market better than anyone with over 100 years of experience in Grayling, Michigan real estate for sale.

The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Services. Real Estate listings held by brokerage firms other than Real Estate One includes the name and address of the listing broker where available.

IDX information is provided exclusively 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.

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The data relating to real estate one this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real Estate listings held by brokerage firms other than Real Estate One are marked with the WWLX logo and the detailed information about said listing includes the listing office. Water Wonderland MLS, Inc. © All rights reserved.