8805 Tireman Ave, Dearborn, MI 48126-1247
This unique mixed-use commercial property in Dearborn, Michigan presents a compelling investment opportunity. Located on a high-traffic corner lot, this nearly one-acre site features a 7,120 square foot, two-story building with an adjacent 68-space parking lot. Currently configured as a social hall, community center, office space, and apartment, the building offers exceptional versatility. Its adaptable layout allows for a wide range of uses, including banquet hall, funeral home, school, daycare center, retail business, restaurant, medical offices, or religious institution. The interior boasts impressive features such as a custom-built stage, five restrooms, multiple common areas on each of the two floors, and 11+ foot ceiling heights. A spacious 8-foot high basement includes an additional restroom and large office space. The oversized garage provides convenient dual access via street and alley. A newly constructed three-bedroom apartment is situated on the upper level. Electronic signage is included. The property is zoned for flexible uses, maximizing its potential for diverse applications. Built in 1946, this property is priced at $599,000, representing a price per square foot of $84.13. The address is 8805 Tireman Ave, Dearborn, MI 48126.
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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.