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Remodeled Building in Downtown Newport
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8736 Swan Creek, Newport, MI 48166

Freestanding, remodeled building with high traffic and easy highway access.

Days on Market740

Property Features for 8736 Swan Creek

General Information

Standard status Active
Property subtype Special Purpose
Listing Agency: Century 21 Allstar Real Estate Team
Listed By: Savina Deluca · License #MI
Source: Crexi
Added: Jul 23, 2024 Changed: Jul 10 Last Checked: Aug 1 at 3:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Allstar Real Estate Team

Investment Insights

Based on property information with market context.

This is a free-standing block building that has been completely remodeled. It features a newer furnace, windows, and A/C. The building has a new gable roof, siding, and trim, and has been freshly painted. The interior includes hardwood floors, vinyl flooring in the kitchen and conference room, and two newly updated bathrooms. The property also features an additional walk-out basement with 9-foot ceilings that is partially finished, as well as a garage. An additional newer furnace is located on the lower level. Situated in a high-traffic area in downtown Newport, it offers easy access to I-75, I-275, and Telegraph Rd, providing great exposure. Additional parking is available to the rear of the building. Intended uses for the property include video store, retail, doctor's office, dollar store, and insurance office. The property is currently available for rent at $1,200 per month, and a land contract is possible.

Key Highlights

  • Completely remodeled with new roof, siding, trim, and freshly painted.
  • Newer furnace, windows, and A/C.
  • High traffic location in downtown Newport with easy access to I‑75, I‑275, and Telegraph Rd.

Property Analytics

Current Use

Barron Insurance & Financial ... Insurance Agency Life Span Massage ... Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Building Supply Big Box & Wholesale Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 69% Shops & Services 31%
Burger King Dining
8,433 visits/mo 0.2 miles
BP Shops & Services
3,858 visits/mo 0.4 miles

Demographics for 48166, MI

13,170
Population
5,387
Households
2.4
Avg Household Size
37
Median Age
19%
College-Educated
88%
High-School Grad
26.6 sq mi
ZIP Area
495
Density / Sq Mi
$70,923
Median Household Income
$36,946
Median Earnings
$1,203
Median Rent
$217,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding, remodeled building with high traffic and easy highway access.
Where is this retail space located?
The property is located at 8736 Swan Creek Newport, MI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Completely remodeled with new roof, siding, trim, and freshly painted.; Newer furnace, windows, and A/C.; High traffic location in downtown Newport with easy access to I‑75, I‑275, and Telegraph Rd.
(734) 819-1432 Call to check price and availability
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