Property summary
This exceptional retail property, Dearborn Plaza, located at 24399-24411 Michigan Avenue in Dearborn, Michigan, presents a unique investment opportunity. The entire 10,489 square foot building is currently vacant and available for sale. Situated in Wayne County, this prime retail space offers significant flexibility for prospective tenants or owners. The property is categorized as a multi-tenant retail building, allowing for diverse uses and potential for multiple income streams. The minimum divisible space is 4,416 square feet, providing options for smaller businesses, while the maximum contiguous space available is the entire 10,489 square feet, ideal for a larger anchor tenant or a single-occupancy business. This presents a rare chance to acquire a substantial retail space in a desirable location. The property's address is easily accessible and benefits from high visibility on Michigan Avenue. The zip code is 48124. This turnkey opportunity allows for immediate occupancy and customization to suit the needs of the new owner. The property's size and location make it an attractive prospect for a variety of retail businesses seeking a strong presence in the Dearborn market. This is a fully vacant building, offering a blank canvas for a new business venture or a portfolio addition.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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