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    22615 Michigan Ave Dearborn, MI 48124

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    For Lease
    $30 SF/Yr ($14,062 /Mo)

    Retail building in white box condition, ready for customization.

    Property size:
    5,625 SF
    Lot size:
    0.10 Acres

    Property Features for 22615 Michigan Ave

    General Information

    Size
    5,625 SF
    Lot size
    0.10 Acres

    Source: Signature Associates Agent Jack Townsend

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in West Dearborn

    This retail building is situated in the heart of West Dearborn. The property is currently in white box condition, ready for a retail or commercial tenant to design according to their specific requirements. The building offers 5,625 square feet of space. It is located next to La Pita restaurant, Dearborn Music, and several other restaurants. Free rent and tenant improvement allowance may be possible.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    West Village Dental ... Dentist Dr. Pamela J. ... Dentist Copple Chiropractic Chiropractor Dr. Jeremy Copple Chiropractor Dr. Stephen Wojdyla Dentist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dearborn
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2537311
    Latitude
    42.303708

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    FAQs

    What type of property is this?
    Retail space - Retail building in white box condition, ready for customization.
    Where is this retail space located?
    The property is located at 22615 Michigan Ave Dearborn, MI.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of West Dearborn.; - White box condition allows for customized design.; - Free rent and tenant improvement allowance possible.
    (248) 408-0077
    Request Owner's contact information
    22615 Michigan Ave Dearborn, MI 48124
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    Dearborn, MI 48124
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22615 Michigan Ave Dearborn, MI 48124
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