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    OFF-MARKET
    Retail properties & Spaces

    8858-8844 Telegraph Rd, Newport, MI 48166

    7,000 SF 1.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7,000 square foot retail property, located at 8858-8844 N Telegraph Road in Newport, Michigan (zip code 48166), presents a unique investment or operational opportunity. The property is currently vacant and available for immediate lease or sale. The building sits on a sizable 1.1-acre lot, providing ample space for operations and potential expansion. The property's classification as a single-tenant retail space ensures ease of management and streamlined operations. Its primary use is as a quick-change oil and car wash facility, catering to a high-traffic area within Monroe County. The substantial 7,000 square feet of space offers significant potential for a variety of automotive-related businesses or even a complete overhaul to suit a different retail concept. The property's location in Newport, Michigan, offers excellent visibility and accessibility, making it an ideal location for attracting customers. The property's size and location make it a highly attractive proposition for entrepreneurs seeking a turnkey operation or investors looking for a strong return on investment. All utilities are available and ready for connection. This is a rare opportunity to acquire a well-situated, substantial retail property in a thriving market. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 7,000 SF
    Lot 1.1 ac (47,916 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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