Listing Agency: Landmark Commercial Real Estate Services g***@landmarkcres.com Show Phone

Listed By: Gordon Hyde · License #6501401975 Show Phone

Source: Moodyscre

Added: May 15 Changed: Jul 26 Last Checked: Aug 2 at 2:36PM

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Investment Insights

Based on property information with market context.

This freestanding commercial building is positioned on a high-visibility corner along Michigan Avenue in downtown Dearborn. The property features a professional layout designed to support multiple front-of-house and service-oriented uses.

The building benefits from strong daily traffic counts and excellent street presence. It sits within Dearborn’s established central business district, surrounded by national retailers, restaurants, and professional service providers.

With its versatile, professional interior layout and prominent corner location, the space is well suited for bank, medical, retail, or office uses.

Key Highlights

• Freestanding commercial building on a high‑visibility corner along Michigan Avenue in downtown Dearborn
• Professional layout suitable for bank, medical, retail, or office use
• Located within Dearborn’s established central business district among national retailers, restaurants, and professional services

Property Analytics

Current Use

Comerica Bank Bank Comerica Bank - ATM Atm

Suggested Use

Top Pick Electrical Service Garden Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Daycare Center Barber Shop

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,447

Businesses Nearby

203k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 62% Shops & Services 19% Home Improvements & Furnishings 9% Apparel 8%

Ford's Garage Dining

45,220 visits/mo 0.4 miles

Buffalo Wild Wings Dining

18,533 visits/mo 0.1 miles

Buddy's Pizza Dining

15,252 visits/mo 0.1 miles

Tim Hortons Dining

14,359 visits/mo 0.5 miles

Mobil Shops & Services

12,157 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

Lease Benchmarks for Dearborn, MI

$21.85 /SF/Yr

Avg Asking Price

$11.22–$35 /SF/Yr

Price Range

2,501 SF

Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Storefront property - Freestanding corner building with high street presence on Michigan Avenue, with a professional layout for retail, office, or medical use.

Where is this storefront property located?

The property is located at 22101 Michigan Ave Dearborn, MI.

What are key features of this property?

This property features: Freestanding commercial building on a high‑visibility corner along Michigan Avenue in downtown Dearborn; Professional layout suitable for bank, medical, retail, or office use; Located within Dearborn’s established central business district among national retailers, restaurants, and professional services