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    116 Tecumseh St Dundee, MI 48131

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    For Sale
    $650,000

    Retail space with two residential units in downtown Dundee.

    Property size:
    2,730 SF
    Lot size:
    0.03 Acres

    Property Features for 116 Tecumseh St

    General Information

    Size
    2,730 SF
    Lot size
    0.03 Acres

    Source: Van Esley Real Estate Agent Joseph Van Esley

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

    Overview

    Downtown Retail Space with Apartments

    This property features a retail space in a central downtown business location. The property has been recently refreshed throughout with quality workmanship. It includes two one-bedroom, one-bath residential units. The layout of the units is available in photos. The property offers potential for various business uses. The building has a total size of 2730 square feet. All data is approximate and should be verified.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dundee
    County
    Monroe
    State
    Michigan
    Longitude
    -83.659827
    Latitude
    41.957323

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    FAQs

    What type of property is this?
    Retail space - Retail space with two residential units in downtown Dundee.
    Where is this retail space located?
    The property is located at 116 Tecumseh St Dundee, MI.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Excellent downtown central business location; - Two one bedroom, one bath residential units; - Purchase contingent on local city council approval of winery license
    (313) 418-3188
    Request Owner's contact information
    116 Tecumseh St Dundee, MI 48131
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    Dundee, MI 48131
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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
    116 Tecumseh St Dundee, MI 48131
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