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    8196 N Dixie Hwy Newport, MI 48166

    For Lease
    $12 SF/Yr ($1,000 /Mo)

    Commercial/Industrial - Newport, MI

    Property size:
    1,000 SF
    Lot size:
    1.33 Acres
    Days on Market:
    706
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for 8196 N Dixie Hwy

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    03 006 014 00
    Parking features
    Parking Lot
    Size
    1,000 SF
    Lot size
    1.33 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Coldwell Banker Haynes Real Estate, Inc. (734) 242-8484 [email protected]

    Listing agent Cole McNew (734) 242-8484 License #6501447424

    Listing date Dec 31, 2023

    MLS# 50117938 Listing URL

    Copyright © 2025 Monroe 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

    Updated Plaza Retail Space Available

    Located in Newport, MI, this commercial space offers flexible options within a recently updated plaza. The property features a 1.33-acre lot. Tenants can choose between a 2000-square-foot unit or two separate 1000-square-foot units. Situated adjacent to Fermi III and sharing a strip center with a convenience store, the location benefits from average daily traffic of 4200 cars. The versatile space is suitable for retail, restaurant, or service businesses. The zoning is commercial. The lease is a gross lease, with no taxes paid by the tenant.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Building Supply Auto Repair Shop Pharmacy Kitchen & Bath Food Market Bar & Pub Electrical Service Cafe & Coffee Shop Pawn Shop Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Monroe
    State
    Michigan
    Longitude
    -83.281423
    Latitude
    41.996253

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    FAQs

    What type of property is this?
    Retail space - Updated retail spaces near Fermi III, suitable for various businesses.
    Where is this retail space located?
    The property is located at 8196 N Dixie Hwy Newport, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Versatile space suitable for retail, restaurant, or service businesses; - Choose the spacious **2000SF unit** or **two separate 1000SF units**; - Located adjacent to Fermi III
    (734) 242-8484
    Request Owner's contact information
    8196 N Dixie Hwy Newport, MI 48166
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    Newport, MI 48166
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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
    8196 N Dixie Hwy Newport, MI 48166
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