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    147 W River Valley Dr Newaygo, MI 49337

    For Lease
    $9 SF/Yr ($1,125 /Mo)

    Retail suites available for lease in River Valley, Newaygo.

    Property size:
    1,500 SF
    Lot size:
    7.56 Acres

    Property Features for 147 W River Valley Dr

    General Information

    Size
    1,500 SF
    Lot size
    7.56 Acres

    Source: Dave Kwekel Development LLC Agent David Kwekel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Newaygo, MI

    Available for lease are two remaining retail suites. Suite 165 offers 1,500 square feet of space. It can be combined with the adjacent Suite 167 to create a total of 3,000 square feet. Triple net expenses are approximately $3.85 per square foot.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Pharmacy Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Newaygo
    County
    Newaygo
    State
    Michigan
    Longitude
    -85.798362
    Latitude
    43.405283

    Nearby Similar for Lease

    • $1,300 /Mo
      1,250 SF

      Retail Space in Newaygo

      Retail space available for rent in Newaygo's Business District.
      8382 S Mason Dr, Newaygo, MI 49337
      View Details
    • $2,326,150

      Newaygo Retail Investment Opportunity

      34,886 SF building in Newaygo, 100% occupied.
      91 W Pine Lake Dr, Newaygo, MI 49337
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail suites available for lease in River Valley, Newaygo.
    Where is this retail space located?
    The property is located at 147 W River Valley Dr Newaygo, MI.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - One of only two suites remaining in the entire center.; - Can be combined with adjacent suite 167 for a total of 3,000sf.; - Suite 165 availability.
    (616) 446-4400
    Request Owner's contact information
    147 W River Valley Dr Newaygo, MI 49337
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    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
    147 W River Valley Dr Newaygo, MI 49337
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