Property summary
The property is a freestanding block building that was completely remodeled and includes multiple exterior updates such as a replaced gable roof, new siding and trim, as well as newer windows, a newer furnace, air conditioning, and fresh interior finishes. The interior features updated bathrooms, hardwood flooring, and vinyl flooring in the kitchen and conference room. There is an additional walk-out basement with approximately 9-foot ceilings that is partially finished, and the lower level includes a garage and another newer furnace. Located in downtown Newport, the building has access to major regional roadways including I-75, I-275, and Telegraph Road, and additional parking is available to the rear. The property is approximately 1,368 square feet with a lot size of about 0.16 acres, and its configuration supports a range of commercial uses such as retail, office, or service-oriented uses (e.g., medical or insurance-related).
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
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Alternative Medicine Practice Spa & Massage Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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