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Downtown Dearborn Medical Office Building
For Sale
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22731 Newman Street, Dearborn, MI 48124

Two-story, 48,000 SF medical office building in West Dearborn.

Property Size48,000 SF
Price / SF$0.00
Days on Market207

Property Features for 22731 Newman Street

General Information

Standard status Active
Size 48,000 SF
Class B
Property subtype Office
Lease Term MG

Building Details

Building Size 48,000 SF
Year Built 1894

Properties For Sale

at 22731 Newman Street Contact us

Suite 215

Size
1,582 SF
Type
Medical
Term
Negotiable
Contact us
Listing Agency: L. Mason Capitani
Listed By: Mason L. Capitani, SIOR · License #6501377543
Source: Corfac
Added: Jan 26 Changed: Aug 8 Last Checked: Aug 21 at 5:15AM

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 L. Mason Capitani

Investment Insights

Based on property information with market context.

This medical office building is located in Downtown West Dearborn, east of Outer Drive and south of Michigan Avenue. The two-story building offers 48,000 square feet of medical office space. Interior suites are finished to suit. The property features first-class management and an existing medical referral base. Individual suites have control of HVAC. The building is professionally managed and operated, with convenient parking. It is in close proximity to area freeways. Exterior signage is offered. Currently, 1,582 square feet are available.

Key Highlights

  • Prime Downtown West Dearborn Location
  • Existing Medical Referral Base
  • Professionally Managed and Operated

Property Analytics

Current Use

Endodontics, PC Dental Office Ariel Waitzman, MD ... Physician Gibbs Patricia L ... Physician Oakland Regional Center ... Medical Clinic Children's Eye Care Medical Clinic

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom Electrical Service Garden Center

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

Location Intelligence

Trade Area within ½ mile

1,642
Businesses Nearby
Under-served
Demand for This Use

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two-story, 48,000 SF medical office building in West Dearborn.
Where is this medical office space located?
The property is located at 22731 Newman Street Dearborn, MI.
What are key features of this property?
This property features: Prime Downtown West Dearborn Location; Existing Medical Referral Base; Professionally Managed and Operated
More about this property
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