7050 Grafton Rd, Newport, MI 48166
This exceptional single-tenant medical office and commercial space, located at 7050 Grafton Suite 2, Newport, MI 48166, offers 4,050 square feet of versatile space in a high-visibility location just off Telegraph Road. Situated on an 8.9-acre lot in Monroe County, this property boasts a prime location for businesses seeking high traffic and easy access. Built in 1992, the building is well-maintained and offers flexibility for a variety of professional uses, making it suitable for both small practices and larger businesses. The property is classified as Office and Land, with a single suite configuration. Its central location within a growing community provides excellent visibility and accessibility for clients and employees. This is a rare opportunity to secure a substantial and well-positioned property in a desirable area. The property's size and location make it an ideal choice for businesses seeking to establish or expand their presence in the Newport, Michigan market. The ample space and convenient access to major roadways offer significant advantages for any business. Don't miss this chance to secure this exceptional commercial real estate opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.