Property profile

3813 Monroe St Dearborn, MI 48124

OFF-MARKET
Retail properties & Spaces
5,328 SF 0.42 ac lot Built 1950
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Property summary

AI-generated overview

This 1,000 square foot commercial space, located at 3813 Monroe St in Dearborn, MI 48124, is situated within a larger 5,328 square foot building on a 0.42-acre lot. Built in 1950 and renovated in 2020, this single-tenant property offers a flexible layout suitable for various office uses, including traditional, coworking, executive, medical, or creative office spaces. The space features an elegant open floor plan with sleek finishes and low-maintenance flooring. Large storefront windows provide ample natural light and high visibility from Monroe Street, a major commercial corridor. The property includes an ADA-compliant restroom and utility sink. Ample parking is available both in front and in the rear of the building. The location benefits from its proximity to established businesses such as 7-Eleven and Little Caesars, ensuring high foot traffic. This property presents a unique opportunity for businesses seeking a move-in ready space in a vibrant Dearborn neighborhood. Flexible lease terms are available. The building is a single-story structure.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1950
Total area 5,328 SF
Lot 0.42 ac (18,295 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cosmetic Store

Location

3813 Monroe St Dearborn, MI 48124
Dearborn metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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