100 State St - Carlisle Canoe Livery 2,200 SF Specialty Building Offered at $660,000 at a 8% Cap Rate in Grayling, MI 49738

Now Available: Iconic Carlisle Canoe Livery on the AuSable River – Downtown Grayling Don’t miss this rare opportunity to own a piece of Michigan history and a thriving riverfront business! The historic Carlisle Canoe Livery, located right in the heart of downtown Grayling, is now available for purchase. Situated on over 220 feet of pristine AuSable River frontage, this landmark property offers stunning natural beauty, a beautiful boardwalk, and unbeatable access to one of the most beloved paddling destinations in the Midwest. At the heart of the property is the famous original Carlisle building, where the modern canoe paddle was invented and manufactured. Today, it serves as a charming and functional retail store and check-in center for livery guests. Included in the sale are all business equipment, vehicles, the well-established business name, and a loyal customer base. This is the premier canoe livery in the region, known especially for its profitable overnight canoe trips, which attract paddling enthusiasts from across the state. The business has an exceptional reputation, strong local partnerships, and outstanding visibility in the community. Also included is a fully updated home on the adjacent lot, currently used as a successful vacation rental. This home offers flexibility to serve as either a private residence for the new owner or continued income-generating lodging. With high visibility, walkable access to downtown shops and restaurants, and deep historical roots, this unique offering combines profitable business operations, rich heritage, and premium riverfront real estate. Turn the key and take the paddle – your dream lifestyle business awaits on the AuSable.