Property summary
This exceptional retail property, located at 22611 Michigan Avenue in Dearborn, Michigan, 48124, offers 5,625 square feet of immediately available space within a larger 45,000 square foot building. The space is ideally suited for a variety of retail uses, thanks to its General Retail zoning. The property boasts a total of 270 parking spaces, ensuring ample convenience for customers and employees. While the minimum divisible space is 5,625 square feet, this is also the maximum contiguous space currently available for lease. This presents a unique opportunity for a single tenant seeking a substantial presence on a busy Michigan Avenue corridor. The building is multi-tenant, offering the potential for synergy with complementary businesses. The property's location in Dearborn, Michigan provides excellent access to a large and diverse customer base. The address is easily accessible from major roadways, ensuring high visibility and convenient access for patrons. Interested parties should inquire promptly to secure this prime retail opportunity. The property is ready for immediate occupancy.
Property profile
VerifiedCap rate & NOI
Current use
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Building Supply Hardware & Home Improvement
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Sharpening Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS OFFICE DISTRICT[1] ARTICLE 14.00 - B-A, LOCAL BUSINESS DISTRICT[1] ARTICLE 15.00 - B-B, COMMUNITY BUSINESS DISTRICT[1] ARTICLE 16.00 - B…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BC · Dearborn, MIR-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS OFFICE DISTRICT[1] ARTICLE 14.00 - B-A, LOCAL BUSINESS DISTRICT[1] ARTICLE 15.00 - B-B, COMMUNITY BUSINESS DISTRICT[1] ARTICLE 16.00 - B…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS OFFICE DISTRICT[1] ARTICLE 14.00 - B-A, LOCAL BUSINESS DISTRICT[1] ARTICLE 15.00 - B-B, COMMUNITY BUSINESS DISTRICT[1] ARTICLE 16.00 - B…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BC in Dearborn, MI.
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