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    FOR LEASE
    Grocery and convenience stores

    4650 S Beech Daly St, Dearborn Heights, MI 48125

    6,318 SF 0.28 ac lot Built 1947
    Entity Owned 9-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-0370249
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 4650 S Beech Daly St in Dearborn Heights, Michigan, presents a unique investment opportunity. The 6,750 square foot building, situated on a 0.28-acre lot, seamlessly blends retail, office, and warehouse space. Built in 1947 and extensively renovated in 2016, the single-story structure boasts high ceilings and ample parking, catering to diverse business requirements. Currently zoned for commercial and office use, this property offers immediate income potential with a lease in place until February 28, 2029. The asking price is $600,000, translating to $88.89 per square foot. The property's versatility makes it ideal for a variety of uses, from retail shops and offices to warehouse operations. Its prime location in Dearborn Heights, Wayne County, Michigan (zip code 48125), ensures excellent visibility and accessibility. The property's APN is 33040020028000. This is a rare chance to acquire a well-maintained, income-producing commercial property in a thriving Michigan market. Don't miss this opportunity to secure a valuable asset with significant long-term potential.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 1947
    Total area 6,318 SF
    Lot 0.28 ac (12,197 SF)
    APN 33 040 02 0028 000
    UPID US43-0370249
    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
    • Express Deal Outlet Home Decor Store Department Store
    • U-Haul Neighborhood Dealer Car Rental Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $698k
    Blend (final) Blend
    $700k
    Owner & transaction history
    Ala & Viviari LLC · 9 yrs held
    Ala & Viviari LLC
    since 2017
    5 recorded transactions
    2017
    $120,000
    2017
    2012
    2008
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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