Description
Live on the AuSable River in Downtown Grayling – Residential Home + 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.------------- Also included and just beyond the backyard sits the historic Carlisle Canoe Livery, 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.
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3BEDS
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0.7ACRES
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3BATHS
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01/2 BATHS
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1,434SQFT
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$460$/SQFT
Description
Live on the AuSable River in Downtown Grayling – Residential Home + 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.------------- Also included and just beyond the backyard sits the historic Carlisle Canoe Livery, 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.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-01-20T23:51:44.993.