8858-8844 Telegraph Rd, Newport, MI 48166
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.