2119 Monroe St, Dearborn, MI 48124-2922
This 1,450-square-foot Class C office building at 2119 Monroe St, Dearborn, MI 48124, is available for $295,000. Built in 1949, this single-story building sits on a 3,920-square-foot lot and features one unit with a large lobby, reception area, four offices, a bathroom, and storage. The property boasts three dedicated parking spaces, plus ample street parking. The building is conveniently located within walking distance of downtown Dearborn, offering easy access to major highways and public transportation. Recent improvements include a new roof (2023), new air conditioning, and a new water tank (2022). Zoned for general office use, this property is ideal for startups, small businesses, or professional services. The spacious layout allows for customization to meet diverse business needs. APN: 3282092710. This is a fantastic opportunity to establish or expand your business in a thriving Dearborn location.
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Studio 2119 Photography Service (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BA · Dearborn, MIDearborn. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.