East Dearborn Mechanic Shop Opportunity

4181 Schaefer Rd, Dearborn, MI 48126

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For Sale

$1,950,000

Automotive repair facility in the heart of East Dearborn.

Type:Commercial

Property size:

10,700 SF

Lot size:

0.75 Acres

Price / SF:

$182/SF

HighLights

Over 10,700 SF of industrial/mechanical space.
Located in the heart of East Dearborn, just south of Michigan Avenue.
Large, fully fenced parking lot with ample on‑site paved parking.
Located on approximately ¾ of an acre.
Excellent visibility and accessibility in a high‑demand automotive corridor.
Walk Score of 85 (Very Walkable).

We can help!

Listing Contact

Ali T Charara

Learn more

For Sale

$1,950,000

Automotive repair facility in the heart of East Dearborn.

Type:Commercial

Property size:

10,700 SF

Lot size:

0.75 Acres

Price / SF:

$182/SF

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 5:38 pm

Property Features for 4181 Schaefer Rd

General Information

Standard status: Active
Size: 10,700 SF
Lot size: 0.75 Acres
Property subtype: Commercial

Building Details

Year Built: 1950

We can help!

Listing Contact

Ali T Charara

Listing agent Ali T Charara License #6501340600

Listing office Century 21 Curran & Oberski

Listing date Apr 24, 2026

Source Elliman

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 Century 21 Curran & Oberski

HighLights

Over 10,700 SF of industrial/mechanical space.
Located in the heart of East Dearborn, just south of Michigan Avenue.
Large, fully fenced parking lot with ample on‑site paved parking.
Located on approximately ¾ of an acre.
Excellent visibility and accessibility in a high‑demand automotive corridor.
Walk Score of 85 (Very Walkable).

Overview

This automotive repair facility is located in East Dearborn, just south of Michigan Avenue. The property features over 10,700 square feet of industrial/mechanical space situated on approximately three-quarters of an acre. It offers a large, fully fenced parking lot with ample on-site paved parking, suitable for vehicle storage, operations, or expansion. The location provides excellent visibility and accessibility in a high-demand automotive corridor. The property is ideal for owner-users, investors, or automotive-related businesses seeking a strategic Dearborn location. The bike score is 51, indicating it is bikeable, and the walk score is 85, indicating it is very walkable.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$199.0k	$18.60
− Vacancy	−$10.7k	−$1.00
EGI	$188.3k	$17.60
− OpEx	−$56.5k	−$5.28
NOI	$131.8k	$12.32

10,700 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.88M

$1.65M – $2.20M (±1% cap)

NOI $131,791 @ 7.0% cap · market cap 6.76%

Second Best

Industrial

$897.0K

$784.9K – $1.05M (±1% cap)

NOI $62,791 @ 7.0% cap · market cap 3.22%

Theoretical Best

Office A

$2.36M

$2.07M – $2.75M (±1% cap)

NOI $165,232 @ 7.0% cap · market cap 8.47%

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

Location Intelligence

Current Use by Public Records

Jim's Dearborn Auto ... Auto Repair Shop

Suggested Use

Similar Places Nearby

Albert's Towing — 5245 Schaefer Rd, Dearborn, MI 48126
Peak Collision — 5392 Oakman Blvd, Dearborn, MI 48126
Dearborn Onsite Truck Repair — 5308 Schaefer Rd, Dearborn, MI 48126
Dearborn Mobile Mechanic — 5270 Schaefer Rd, Dearborn, MI 48126
TMF TOWING — 5274 Chase Rd, Dearborn, MI 48126

Location Insight

Map
Local Demand

City: Dearborn
County: Wayne
State: Michigan
Longitude: -83.175916
Latitude: 42.319294

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For sale
Auto shops
MI
Dearborn
48126
4181 Schaefer Rd

What type of property is this?

Auto shop - Automotive repair facility in the heart of East Dearborn.

Where is this auto shop located?

The property is located at 4181 Schaefer Rd Dearborn, MI.

What is the asking price?

The asking price for this property is $1,950,000.

What are key features of this property?

This property features: Over 10,700 SF of industrial/mechanical space.; Located in the heart of East Dearborn, just south of Michigan Avenue.; Large, fully fenced parking lot with ample on‑site paved parking.