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    OFF-MARKET
    Office Spaces

    7050 Grafton Rd, Newport, MI 48166

    4,050 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional single-tenant medical 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 exposure. 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 convenient location within a thriving community makes it an ideal opportunity for businesses seeking a strong presence in a growing market. The single-suite design offers efficiency and control, while the ample lot size provides significant potential for future expansion or development. This property presents a rare opportunity to acquire a well-maintained, strategically located commercial space in a desirable area. The building's size and location make it perfect for a variety of uses, offering a blend of accessibility and visibility. The property is classified as both medical office and commercial, allowing for a wide range of potential tenants. This is a turnkey opportunity for a business seeking a ready-to-occupy space in a high-traffic area. The property's single-tenant occupancy simplifies management and provides a stable investment opportunity.

    Property profile
    Verified
    Property type Office Spaces
    Total area 4,050 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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