23810-23814 Michigan Ave Dearborn, MI 48124
- Retail properties
- 5,400 SF
- 0.53 lot acres
Current Use by Public Records
- Retail properties
Property Details for 23810-23814 Michigan Ave
- Year built
- 1959
- Lot size
- 0.53 lot acres
- Property size
- 5,400 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a rare chance to acquire a prime commercial property situated on Michigan Avenue in West Dearborn, Michigan. The property consists of two buildings totaling 11,884 square feet, offering flexible space ideal for medical, office, or retail uses. One building is a two-story structure encompassing 10,800 square feet, while the second is a single-story building of 1,084 square feet. Both buildings can be sold and leased separately, providing significant versatility for potential buyers. Built in 1959 and renovated in 1990, the property sits on a 0.53-acre lot and boasts ample parking with 45 spaces available. The property is zoned BB - Community Business, allowing for a variety of commercial uses. The current lease rate is $27.50 per square foot gross. This property offers a unique blend of established infrastructure and high-growth potential in a desirable West Dearborn location. The property's address is 23810-23814 Michigan Avenue, Dearborn, MI 48124, with APN numbers 82-09-213-01-109 and 021. Contact for sale price.
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
- -83.269
- Latitude
- 42.3008
