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Medical Office with Operatories
For Sale
$329,000

7793 M-123, Newberry, MI 49868

Commercial Sale, Newberry, MI

Property Size3,600 SF
Lot Size2.50 Acres
Price / SF$91.39
Days on Market318

Property Features for 7793 M-123

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Exterior features Fireplace, Handicap Access, High Traffic Locatn, High Visibility, Highway Access, Kitchen Area, Laundry, Landscaped, Restroom, Smoke Detectors, Storage, Window Coverings
Fireplace 1
Accessibility Accessible Approach with Ramp
Elementary school district Tahquamenon
Middle school district Tahquamenon
High school district Tahquamenon
Directions Corner of M-28 and M-123 north into Newberry. Office is 100' south of Family Dollar on west side of the road. No sign posted.
Subdivision 42 - McMillan, Newberry and Soo Junction Areas
Standard status Active
APN 003-003-035-0200
Size 3,600 SF
Lot size 2.50 Acres

Utilities

Heating system Natural Gas, Forced Air
Water source Well

Amenities

stone fireplace
stained glass windows
on-site laundry
employee break room
two ADA accessible bathrooms

Building Details

Building materials Wood Frame, Mixed
Roof type Shingle
Additional Structures Storage
Listing Agency: Key Realty One
Listed By: Ryan W Bennett · License #6506047373
Added: Nov 2, 2025 Changed: Sep 2 Last Checked: Sep 15 at 7:06PM
MLS# 25-1107

Copyright © 2026 Eastern Upper Peninsula 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.

Investment Insights

Based on property information with market context.

This 3,600-square-foot medical office is arranged for patient-facing operations, with an entrance vestibule, waiting area, reception and checkout areas, file storage, consultation room, and private office. The clinical layout includes 7 operatories, a sterilization room, X-ray processing room, and laundry. An employee break room and two ADA-accessible bathrooms support daily operations. A partial basement provides storage, mechanical space, and a work area.

The property sits on 2.5 acres at 7793 M-123 in Newberry, with landscaped grounds and on-site parking. Building systems include a modern high-efficiency natural-gas forced-air furnace, central A/C, private well, shingle roof, and accessible approach ramp. The structure uses wood-frame and mixed construction and includes a stone fireplace with stained-glass windows in the waiting area.

Key Highlights

  • 3,600‑square‑foot medical office on 2.5 acres
  • 7 operatories with sterilization and X‑ray processing rooms
  • Two ADA‑accessible bathrooms and an accessible approach ramp

Property Analytics

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Current Use

Medical Office Space

Location Intelligence

Trade Area within ½ mile

145
Businesses Nearby
Balanced
Demand for This Use

Demographics for 49868, MI

4,108
Population
2,951
Households
1.4
Avg Household Size
47
Median Age
18%
College-Educated
92%
High-School Grad
706.5 sq mi
ZIP Area
6
Density / Sq Mi
$53,651
Median Household Income
$35,154
Median Earnings
$809
Median Rent
$98,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Makowski Cheryl DVM Newberry, MI 49868

Frequently Asked Questions

What type of property is this?
Medical Office Space - Purpose-built medical office with patient reception areas, treatment rooms, support spaces, and accessible facilities.
Where is this medical office space located?
The property is located at 7793 M-123 Newberry, MI.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 3,600‑square‑foot medical office on 2.5 acres; 7 operatories with sterilization and X‑ray processing rooms; Two ADA‑accessible bathrooms and an accessible approach ramp
More about this property
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