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Retail Space with Outdoor Patio
For Sale
Contact for pricing

21400 Michigan Avenue, Dearborn, MI 48124

Located on Michigan Avenue just west of Southfield Freeway, with an outdoor patio and flexible commercial use potential.

Property SizeContact for details
Days on Market144

Property Features for 21400 Michigan Avenue

General Information

Standard status Active
Property subtype Retail

Additional Details

Highway Access Yes
Patio Yes

Amenities

outdoor patio
Listing Agency: Signature Associates
Listed By: Steve Gordon · License #MI 6502134760
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 2:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Associates

Investment Insights

Based on property information with market context.

This retail space at 21400 Michigan Avenue includes an outdoor patio and is positioned just west of Southfield Freeway. The property is identified for potential bar, restaurant, banquet facility, health care, senior care, and office uses.

Its Michigan Avenue location provides direct context for businesses seeking a commercial setting near Southfield Freeway. The outdoor patio adds an exterior component to the property’s existing configuration.

Key Highlights

  • Outdoor patio included
  • On Michigan Avenue in Dearborn, MI 48124
  • Just west of Southfield Freeway

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Grocery & Convenience Store Barber Shop HVAC Service (Bike/Boat/Book/etc) Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,085
Businesses Nearby
128k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 81% Shops & Services 15% Apparel 2% Hotels & Casinos 1%
Ford's Garage Dining
45,220 visits/mo 0.1 miles
Buffalo Wild Wings Dining
18,533 visits/mo 0.5 miles
Buddy's Pizza Dining
15,252 visits/mo 0.4 miles
Tim Hortons Dining
14,359 visits/mo 0.1 miles
Comerica Bank Shops & Services
11,306 visits/mo 0.4 miles

Demographics for 48124, MI

34,134
Population
14,787
Households
2.3
Avg Household Size
39
Median Age
40%
College-Educated
94%
High-School Grad
8.8 sq mi
ZIP Area
3,879
Density / Sq Mi
$78,353
Median Household Income
$49,103
Median Earnings
$1,280
Median Rent
$192,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Located on Michigan Avenue just west of Southfield Freeway, with an outdoor patio and flexible commercial use potential.
Where is this retail space located?
The property is located at 21400 Michigan Avenue Dearborn, MI.
What are key features of this property?
This property features: Outdoor patio included; On Michigan Avenue in Dearborn, MI 48124; Just west of Southfield Freeway
More about this property
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