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Property profile & analytics
OFF-MARKET
Retail space

7858 Dixie Hwy Newport, MI 48166-9776

7,580 SF 0.51 ac lot
Entity Owned Free & Clear
Property ID
US43-0926421
Property summary
AI-generated overview

This exceptional Newport, MI industrial property presents a unique investment opportunity. Located at 7858 N DIXIE, the property encompasses a 0.51-acre lot and features a main building totaling 5,580 square feet, divided into three distinct units. Unit 1 offers 2,640 square feet, Unit 2 comprises 1,500 square feet, and Unit 3 measures 1,440 square feet. The previous use as a pizzeria and bakery suggests potential for food-related businesses, while the spacious layout of one unit is well-suited for a small automotive operation. A significant advantage is the presence of a long-term tenant, providing immediate income potential. Beyond the main building, a separate 2,500 square foot structure at the rear offers additional storage or workshop space. While some cosmetic updates are recommended, the property's asking price of $110,000 reflects this need and presents an attractive entry point for investors. The property's versatile layout and prime location in Newport make it an ideal investment for entrepreneurs seeking a multi-use space with significant upside potential. The total square footage of the main building and the separate structure is 7,580 square feet. Buyer to verify all information.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 7,580 SF
Lot 0.51 ac (22,216 SF)
APN 03-007-031-00
UPID US43-0926421
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
Current use
Occupant on record · Public records
  • Omega Gunsmithing LLC Gun Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
7858 North Dixie LLC
7858 North Dixie LLC
since 2026
2 recorded transactions
2026
Price N/A
2025
$100,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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