Medical Premises

Newberry, MI Medical Office Space for Sale

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Medical Office with Operatories
Updated: Nov 2, 2025
Medical Office with Operatories

7793 M-123, Newberry, MI 49868

$329,000
3,600 sqft
3,600‑square‑foot medical office on 2.5 acres
7 operatories with sterilization and X‑ray processing rooms
Two ADA‑accessible bathrooms and an accessible approach ramp
Patient waiting, reception, checkout, consultation, and file‑storage areas
Partial basement with storage, mechanicals, and work area
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Newberry, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brick Medical Office Building
Brick Medical Office Building

301 Explorer Street, Gwinn, MI 49841

$350,000
12,069 sqft 1.27 AC lot

Flexible medical facility with multiple rooms, kitchen space, accessible entry, and landscaped outdoor areas.

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Brick Medical Office Building
Brick Medical Office Building

301 Explorer Street, Gwinn, MI 49841

$350,000
12,069 sqft 1.27 AC lot

Flexible medical facility with multiple rooms, a kitchen area, and established outdoor garden space.

View details
Single-Tenant Dental Office Building
Single-Tenant Dental Office Building

2940 Parkview Dr, Petoskey, MI 49770

$1,650,000
7,250 sqft 2.48 AC lot

2018-built office property with reception, private offices, conference rooms, and a break area.

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Medical Office Suite with Reception
Medical Office Suite with Reception

2780 Charlevoix Ave, Petoskey, MI 49770

$219,000
1,000 sqft

Office suite includes a reception area, three private offices, kitchenette, and two baths, previously used as a doctor’s office.

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Newberry, MI Medical Office Space Market Trends and Statistics

Explore 1 medical office space for sale in Newberry, MI on our real estate platform. These investment opportunities span a total of 3,600 square feet of properties for sale, with an estimated market value of $329,000.

Sale prices for medical spaces in Newberry, MI average $329,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Medical Office Space 1

Demographics Overview

Population 5,231
Population Growth (5Y) -1.0%
Median Household Income $53,651
College Educated 27.5%

High-Yield Neighborhoods for Investment

Identify Newberry submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49868 $329K

Taxes & Financing

Tax Rate (average for all types) 3.36%
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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