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    7887 Elm Ave Newaygo, MI 49337

    For Sale
    $499,000

    COMMERCIAL - Newaygo, MI

    Property size:
    2,876 SF
    Lot size:
    7.61 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 7887 Elm Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    20-20-400-009
    Parking
    8
    Interior features
    Broadband
    Size
    2,876 SF
    Lot size
    7.61 Acres

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Ductless (Heating)
    Water source
    Well

    Building Details

    Year built
    1994
    Floors in Building
    1
    Number of units
    1
    Building materials
    Block, Metal Siding
    Roof type
    Metal

    Century 21 Affiliated (GR) (616) 369-4040

    Listing agent Justin M Rinks (616) 457-2000

    Listing date Oct 15, 2025

    Copyright © 2025 Montcalm County Association 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.

    Overview

    Turnkey Light-Industrial Business Opportunity

    This turnkey opportunity is situated on 7.7 acres just off M-37 in Newaygo, surrounded by recreation near Croton Dam, Hardy Dam, and the Muskegon River. The 2,876 sq ft steel and brick light-industrial building houses the Expressions In Stone granite fabrication business. Included in the sale are all equipment, granite inventory, materials, client records, a delivery van, and a complete set of tools for cutting and installing custom countertops and fixtures. The facility features three spacious bays with 8 foot and 12.5 foot overhead doors, along with an office and showroom for customer consultations. A rebar-reinforced concrete drive, 220-volt 3-phase power, and integrated pneumatics support efficient production and heavy deliveries. This is a ready-to-operate business and property package with great access, visibility, and room to expand.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Auto Repair Shop Gym & Fitness Department Store Veterinary Clinic Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newaygo
    County
    Newaygo
    State
    Michigan
    Longitude
    -85.644724
    Latitude
    43.412235

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    FAQs

    What type of property is this?
    Manufacturing property - Established granite fabrication business on 7.7 acres near M-37.
    Where is this manufacturing property located?
    The property is located at 7887 Elm Ave Newaygo, MI.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Turnkey granite fabrication business (Expressions In Stone) with all equipment, inventory, client records, and vehicles included.; - 2,876 sq ft light-industrial building with three spacious bays and overhead doors.; - 7.7 acre property with room to expand, located near Croton Dam, Hardy Dam, and the Muskegon River.
    (616) 457-2000
    Request Owner's contact information
    7887 Elm Ave Newaygo, MI 49337
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7887 Elm Ave Newaygo, MI 49337
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