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Investment Highlights
- Located in a growing Monroe County corridor offering strong connectivity to I-75 and regional transportation routes servicing Southeast Michigan
- Benefits from consistent traffic patterns and easy access to nearby retail, automotive, and logistics-oriented uses that anchor the surrounding market
- Situated near expanding residential neighborhoods and commuter routes, supporting long-term demand for retail, service, and daily-needs operators.
- Positioned within a rapidly developing suburban-rural trade area that supports a mix of commercial, service, and residential activity.
- Offers a versatile setting suitable for commercial, service-based, or low-impact industrial concepts depending on final zoning.
- Well-located for investors, developers, or owner-users seeking a functional site within a strategic downriver-to-Monroe County growth corridor.
Executive Summary
A free standing block building. Newer furnace,windows & A/C. Completely remodelled, new gable roof, siding and trim. Freshly painted. Newlyupdated 2 bathrooms. Hardwood floors. Vinyl flooring in kitchen and conference room. Additional walk-out basement with 9 foot ceilings- partially finished. Garage.Additional newer furnace on lower level. High traffic area. Easy access to I-75, I-275 and Telegraph Rd. Great exposure- located in downtown Newport!Lots ofpossibilites: Salon/spa, smoke store, video store,retail,doctor's office,dollar store,insurance office. Additional parking to the rear of building. Rent for $1,200 per month. Possible Land Contract.Cash, Commercial Loan, Conventional,Land Contract, Lease, Rent/Option toBuy, Lease w/Option
Property Facts Under Contract
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,200 SF
Building Class
C
Year Built
1950
Price
$299,900
Price Per SF
$93.72
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.46
Lot Size
0.16 AC
Zoning
Comm - Commercial Zoned District
Parking
10 Spaces (7.31 Spaces per 1,000 SF Leased)
Frontage
130’ on Swan Creek Rd
Amenities
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-001-066-00 | Improvements Assessment | $57,806 |
| Land Assessment | $3,694 | Total Assessment | $61,500 |
Property Taxes
Parcel Number
03-001-066-00
Land Assessment
$3,694
Improvements Assessment
$57,806
Total Assessment
$61,500
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$299,900 | 8736 Swan Creek Rd
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