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$ 1,750,000
Est. payment /mo
Active
23954 MICHIGAN Avenue Dearborn, MI 48124 1833
6,984 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 6,984 sqft
Price per Sqft $250
Subdivision Mi
MLS Listing ID 60369599
Annual Tax Amount $13,024
Lot Size 0.610 Acres
Acres 0.61
Lot Dimensions 65x 90 Irregular
Property Sub-Type Commercial/Industrial
Property Description
Turnkey Investment Opportunity in Dearborn’s Thriving Commercial Corridor! This 6,984 SF commercial property offers a rare, income-producing opportunity in the heart of Dearborn’s bustling business district. The property features two buildings, a high-visibility billboard, and a private parking lot—perfectly positioned to attract both tenants and customers. The corner building is leased by H&R Block, a long-term tenant with over 30 years of occupancy. They recently renewed their lease, providing a stable and reliable income stream. Additionally, H&R Block leases the prominent billboard above the property, adding to your revenue potential. The second building offers flexible space and can be divided into two additional units, maximizing rental income. Ideal for medical offices, studios, retail shops, or professional services, this property’s versatility appeals to a wide range of businesses. A dedicated parking lot located behind the buildings enhances accessibility for both tenants and customers, further increasing the property’s desirability. Don’t miss out on this exceptional investment opportunity in one of Dearborn’s most sought-after business locations. Schedule your private tour today!
Location
State MI
County Wayne
Area Dearborn (82093)
Zoning Commercial,Mixed Use,Professional Office
Building
Foundation Slab
Water Public Water
Structure Type Block
Others
Ownership Private
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KW Metro