Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Retail space

    15228 Warren Ave, Dearborn, MI 48126-1356

    4,560 SF 0.14 ac lot Built 1940
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US43-0387973
    Property summary
    AI-generated overview

    This established Dearborn tanning salon, located at 15228 W Warren Ave, presents a unique investment opportunity. The 4,560 square foot, single-story building, built in 1940 and situated on a 0.14-acre lot (APN 32821006331034), is zoned for commercial use. Boasting over 25 years of operational history, this newly renovated space features 15 tanning rooms, elegant shelving, 15 tanning beds, a comprehensive 13-camera security system, 3 TVs, and a spacious office. The business enjoys a loyal customer base exceeding 1600 clients, offering strong income potential and minimal operating costs. Convenient rear and street parking is available. This turnkey operation is ready for a new owner to capitalize on its established success within the vibrant Dearborn community. The property is located in Wayne County, Michigan, zip code 48126. This is a rare chance to acquire a profitable, well-maintained business in a prime location. The asking price is $140,000.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1940
    Total area 4,560 SF
    Lot 0.14 ac (6,098 SF)
    Zoning code BB
    APN 82 10 063 31 034
    UPID US43-0387973
    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
    • European Tanning Club Tanning Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Michigan Preferred Props LLC · 11 yrs held
    Michigan Preferred Props LLC
    since 2014
    3 recorded transactions
    2014
    $389,562
    1969
    1969
    Zoning & alternative use
    BB · Dearborn, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 15228 Warren Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message