Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7050 Grafton Rd Newport, MI 48166

    Sponsored
    For Lease
    $10 SF/Yr ($3,375 /Mo)

    Prime Monroe County medical/office building.

    Lot size:
    4,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional single-tenant medical or commercial office building, located at 7050 Grafton Suite 4, Newport, MI, offers 4,050 square feet of versatile space. Situated on a generous 8.9-acre lot, this high-visibility property enjoys a central location just off Telegraph Road, ensuring excellent traffic flow and accessibility. Built in 1992, the building provides a flexible layout suitable for a range of professional uses, from small medical practices to larger businesses. The property's prominent position makes it ideal for businesses seeking high visibility and convenient access for clients and employees. The single-tenant occupancy provides a streamlined operational environment. This presents a unique opportunity to establish or expand your business in a thriving community. The ample lot size offers potential for future expansion or development. The property is classified as both office and land, offering significant flexibility for the prospective buyer or tenant. This is a rare opportunity to acquire a well-maintained, strategically located property in Monroe County. The building's size and location make it an attractive option for businesses seeking a strong presence in a growing market. Don't miss this chance to secure a prime commercial space in a desirable location.

    Property Features for 7050 Grafton Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,050 SF
    Total Rate
    3375

    Unit(s) available at that property

    Space
    Size
    4,050 SF
    Rate per SF
    $10

    HighLights

    • 4,050 square foot medical/commercial office building on 8.9 acres in Monroe County.
    • Single‑tenant occupancy.
    • Located in Newport, MI, offering high visibility near Telegraph Road.
    • Built in 1992, the space is adaptable for various professional uses.
    • Suitable for small practices or larger businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Auto Repair Shop Clothing Store Pharmacy Auto Parts Store Garden Center Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Monroe
    State
    Michigan
    Longitude
    -83.2641423
    Latitude
    41.9418903

    Nearby Similar for Lease

    • $8 SF/Yr
      11,000 SF

      Newport Warehouse and Office Space

      Versatile warehouse and office space available for rent in Newport.
      7986 N Telegraph Rd, Newport, MI 48166
      View Details
    • $10 SF/Yr
      3,928 SF

      Newport, MI Commercial/Industrial Space

      Flexible medical or office spaces available in high-traffic Newport location.
      7521 N Telegraph Rd, Newport, MI 48166
      View Details
    • $10 SF/Yr
      4,050 SF

      Newport Office/Medical Space Available

      Versatile office or medical space in high-visibility Newport location.
      7505 Grafton Rd, Newport, MI 48166
      View Details
    • $9 SF/Yr
      5,250 SF

      Versatile Industrial Office Space Available

      Spacious industrial office space for lease with excellent amenities.
      7986 N Telegraph Rd, Newport, MI 48166
      View Details
    • $8 SF/Yr
      4,000 SF

      Newport Warehouse and Office Space

      Versatile warehouse and office space available for rent in Newport.
      7986 N Telegraph Rd, Newport, MI 48166
      View Details
    • $10 SF/Yr
      1,700 SF

      Newport Office/Medical Space Available

      Flexible office or medical spaces in high-traffic Newport location.
      7521 N Telegraph Rd, Newport, MI 48166
      View Details
    • New
      $1,200 /Mo
      1,368 SF

      Remodeled Commercial Building in Newport

      Freestanding, remodeled commercial building with high traffic exposure in Newport.
      8736 Swan Creek Rd, Newport, MI 48166
      View Details
    • $10 SF/Yr
      2,050 SF

      Newport Office/Medical Space Available

      High-visibility office or medical space for rent in Newport, MI.
      7505 Grafton Rd, Newport, MI 48166
      View Details
    • $10 SF/Yr
      1,628 SF

      Newport, MI Commercial/Industrial Space

      Flexible commercial space in high-traffic Newport location, suitable for businesses.
      7521 N Telegraph Rd, Newport, MI 48166
      View Details
    • $10 SF/Yr
      1,550 SF

      Versatile Commercial Space in Newport

      High-visibility commercial space suitable for medical or office use.
      7505 Grafton Rd, Newport, MI 48166
      View Details
    • $12 SF/Yr
      1,000 SF

      Updated Plaza Retail Space Available

      Versatile retail or restaurant spaces in updated plaza near Fermi.
      8196 N Dixie Hwy, Newport, MI 48166
      View Details
    • $12 SF/Yr
      4,626 SF

      Newport Office Space For Lease

      Office space with build-to-suit options in a growing corridor.
      7825 N Dixie Hwy, Newport, MI 48166
      View Details

    FAQs

    What type of property is this?
    Medical office - Prime Monroe County medical/office building.
    Where is this medical office located?
    The property is located at 7050 Grafton Rd Newport, MI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 4,050 square foot medical/commercial office building on 8.9 acres in Monroe County.; Single-tenant occupancy.; Located in Newport, MI, offering high visibility near Telegraph Road.
    Request Owner's contact information
    7050 Grafton Rd Newport, MI 48166
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7050 Grafton Rd
    Newport, MI 48166
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    7050 Grafton Rd Newport, MI 48166
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.