22001 Michigan Ave Dearborn, MI 48124
- Industrial properties
- 1,200 SF
Current Use by Public Records
- Paradise Street Eats & Biryani / Asian Fusion Restaurant / Breakfast Restaurant
- Orangetheory Fitness / Gym / Personal Trainer
- Eleanor’s Cafe & Yogurtown / Cafe / Bakery
- Wagner Place West - Ford Motor Company / Corporate Office
- The Great Commoner / Restaurant
Property Details for 22001 Michigan Ave
- Year built
- 1918
- Property size
- 1,200 SF
- Property type
- Industrial properties
Description
This 1,200 square foot industrial property, located at 22001 Michigan Avenue in Dearborn, Michigan, presents a compelling investment opportunity. Priced at $295,000, this property is situated in a dynamic, high-growth area of Downtown Dearborn, promising significant appreciation potential for investors. The building's size offers flexibility for a variety of commercial uses, capitalizing on the area's vibrant business environment and ensuring consistent demand. The property sits on a lot with zero acres, making it ideal for businesses that require efficient space utilization. This is a chance to acquire a valuable asset in a thriving commercial district, offering a stable income stream and the potential for substantial long-term returns. The location's desirability ensures continued strong rental prospects, making this an attractive investment for those seeking a secure and profitable addition to their portfolio. The property is currently operating as a business, offering immediate income generation potential. This presents a unique opportunity to acquire a turnkey operation in a prime location. Serious inquiries are encouraged to explore this promising investment further.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dearborn
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2444
- Latitude
- 42.3059
