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    8736 Swan Crk Charter Township of Berlin, MI 48166

    For Sale
    $249,900

    Prime Newport location, remodeled building, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property, located at 8736 Swan Creek in the heart of Newport, Michigan, presents a unique investment opportunity. The 6,969 square foot lot houses a free-standing block building that has undergone a complete renovation. Improvements include a new gable roof, updated siding and trim, newer furnace, windows, and air conditioning. Currently configured as an insurance office, the building offers significant versatility and potential for a variety of uses. The possibilities are numerous, including retail, a doctor's office, or even a video store or dollar store. The property also features a walk-out basement and a garage, providing ample storage and additional space. Conveniently located in downtown Newport, this property benefits from high traffic volume and excellent visibility. Its strategic location offers easy access to major roadways, including I-75, I-275, and Telegraph Road. Additional parking is available at the rear of the building. The current monthly rent is $1,200, and a land contract may be considered. This is an ideal opportunity for an investor seeking a well-maintained, adaptable commercial space in a thriving Michigan community. The asking price is $249,900.

    Property Features for 8736 Swan Crk

    General Information

    Property type
    Land

    HighLights

    • 6,969 SF lot with a completely renovated free‑standing building in Newport, MI.
    • Building features a new roof, siding, trim, furnace, windows, and A/C.
    • Currently configured as an insurance office, suitable for various uses (retail, medical, etc.).
    • Includes a walk‑out basement and garage.
    • Excellent visibility and high traffic in downtown Newport, with easy access to I‑75, I‑275, and Telegraph Road.
    • $1,200 monthly rent, $249,900 asking price, land contract possible.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Barron Insurance & Financial ... Insurance Agency Life Span Massage ... Massage Therapist

    Suggested Use

    Realty agency Restaurant Law Firm Hair Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Bar & Pub Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Charter Township of Berlin
    County
    Monroe
    State
    Michigan
    Longitude
    -83.3075949
    Latitude
    42.0013446

    Nearby Comparable

    • Contact for pricing

      22.59 Acres Off I-75

      22.59 acres of commercial land directly off I-75.
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      22.59 Acres

      I-75 Commercial Land - Newport, MI

      22.59 Acres, Prime I-75 Location
      0 Newport Mi Vacant Land Charter Township Of, Charter Township of Berlin, MI 48166
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      1.13 Acres

      Prime Commercial Land, Monroe County

      I-75 Frontage, Multiple Parcels Available
      8830 Swan Crk Rd, Charter Township of Berlin, MI 48166
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    • $180,000

      Land Parcels Near I-75 Exit

      Commercial land parcels suitable for gas station or retail.
      8830-8842 Swan Creek Rd, Newport, MI 48166
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      Commercial Land Near I-75

      Five acres of commercially zoned land near I-75.
      8848 Swan Creek Rd, Newport, MI 48166
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    • $179,800
      4.96 Acres

      Prime Commercial Land, Monroe County

      5 Acres, I-75 Visibility, High Traffic
      8848 Swan Crk Rd, Charter Township of Berlin, MI 48166
      View Details

    FAQs

    What type of property is this?
    Land - Prime Newport location, remodeled building, high traffic.
    Where is this land located?
    The property is located at 8736 Swan Crk Charter Township of Berlin, MI.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: 6,969 SF lot with a completely renovated free-standing building in Newport, MI.; Building features a new roof, siding, trim, furnace, windows, and A/C.; Currently configured as an insurance office, suitable for various uses (retail, medical, etc.).
    Request Owner's contact information
    8736 Swan Crk Charter Township of Berlin, 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
    8736 Swan Crk Charter Township of Berlin, MI 48166
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