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    OFF-MARKET
    Retail properties & Spaces

    3813 Monroe St, Dearborn, MI 48124

    5,328 SF 0.42 ac lot Built 1950
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hadymua Cosmetic Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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