8858 N TELEGRAPH Road Newport, MI ^$ 1,500,000

8858 N TELEGRAPH Road

^$ 1,500,000

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8858 N TELEGRAPH Road

Newport, MI, 48166

^$ 1,500,000

Studio Baths0.0 Sq 1,302

Monthly Estimate*

^$ 10,478

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Studio

Commercial Property for sale in Newport, MI

for $1,500,000. This 1,302 square foot building was built on a lot size of 1.1.

Grand opportunity on the high-traffic telegraph to own this newly renovated car wash with an oil change tenant! 6 self-serve bays and an automatic wash. Both the oil change and the car wash bays have been fully remodeled. Two brand new compressors. The oil change tenant pays $2000 a monthÃÂ tripleÃÂ net. All measurements are approximate Buyers Agent to verify.

Commercial Active

Price

^$ 1,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,687

Style

Commercial/Industrial

Lot Size

1.1

Town/City

Newport

County/Region

Monroe

MLS | Web ID

60283144

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 20

County Monroe

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Frenchtown Twp

Zoning Commercial

Subdivision MI

Area Frenchtown Twp (58007)

Primary City Newport

Directions On Telegraph Rd Near I-275

City Newport

Street Name TELEGRAPH

Financial Terms Cash Conventional

Legal Description

DOM 96

Postal Code 48166

Price Per Sq Ft 1152.07

Coming Soon Grand opportunity on the high-traffic telegraph to own this newly renovated car wash with an oil change tenant! 6 self-serve bays and an automatic wash. Both the oil change and the car wash bays have

Exterior

Exterior Log

Frontage 40

Lot Size Area 1.1

Lot Dimensions irregular

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Nick Jaafar

Listing Agent

Keller Williams Legacy

Broker

njaafar@kw.com

Affordability Calculator

$10,869

Per Month

Monthly Principal & Interest: $10,478
Monthly Property Taxes: $391
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Newport, MI

Average List Price ^$213,058

Percent of Sale Price 86%

About Newport, MI

12,567 Population

23% Since 2002

^$61,048 Median Income

38.45 Median Age

36% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/18/2024	$1,500,000		Listed Price

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8858 N TELEGRAPH Road, Newport, MI, 48166 is a Commercial Property for sale at $1,500,000 with 1,302 sqft and a lot size of 1.1. 8858 N TELEGRAPH Road is a studio with 0.0 baths. The property's zip code is 48166 which is in Newport, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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8858 N TELEGRAPH Road

Commercial Property for sale in Newport, MI

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