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    Dearborn Heights, MI
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    Dearborn Heights, MI Retail Space for Sale

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    Corner Retail Building with Drive-Up
    Updated: Nov 12, 2025
    Corner Retail Building with Drive-Up

    20640 Van Born Road, Dearborn Heights, MI 48125

    $229,000
    1,569 sqft
    Well‑maintained standalone corner retail building built in 1960
    Paved parking for 8 vehicles plus front and rear paved delivery/loading areas
    Drive‑up window on the building
    Roof was replaced in 2020
    Boiler passed the 2020 annual state boiler inspection; new gaskets added and safety controls maintained
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    This listing looks promising.

    Here's a quick look at some key insights for

    20640 Van Born Road, Dearborn Heights, MI 48125

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    • Est. Cap Rate

      6.5%
      Above avg (5.9%)

    • Est. NOI

      $15K
      Annual

    • Price @ 7% Cap

      $212K
      Suggested

    • Last Sold

      Feb 2024
      $105K

    • Property Type

      Dry Cleaner
      Built 1960
    View Property Analytics
    Turnkey Restaurant and Retail Building
    Updated: Aug 14, 2025
    Turnkey Restaurant and Retail Building

    22402-22426 Van Born Rd, Dearborn Heights, MI 48125

    $1,100,000
    5,300 sqft
    Turnkey restaurant opportunity with liquor license, FF&E, and capital equipment included.
    Two‑suite retail building with one suite already leased.
    Opportunity for owner‑user or investor.
    Recent upgrades include a new roof.
    Recent upgrades include a new parking lot.
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    Versatile Commercial Mixed-Use Space
    Versatile Commercial Mixed-Use Space

    25568 Van Born Road Unit SourceFi, Dearborn Heights, MI 48125

    Contact for pricing
    2,105 sqft

    Approximately 2,105 sq. ft. of flexible space with side and rear parking and C-3 Commercial zoning for general businesses.

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    First-Floor Medical and Retail Space
    First-Floor Medical and Retail Space

    N 6432 N Inkster Road Unit SourceFi, Dearborn Heights, MI 48127

    Contact for pricing
    2,050 sqft

    Brand-new first-floor suite across from Garden City Hospital with 50+ parking spaces and NNN lease structure.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Brand-New Medical and Retail Space
    Brand-New Medical and Retail Space

    N 6430 N Inkster Road Unit SourceFi, Dearborn Heights, MI 48127

    Contact for pricing
    2,050 sqft

    First-floor 8,200 SF newly constructed suite across from Garden City Hospital with 50+ parking spaces and NNN structure.

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    Freestanding Retail Building and Lots
    Freestanding Retail Building and Lots

    4852 Beech Daly St, Dearborn Heights, MI 48125

    $250,000
    1,200 sqft 0.23 AC lot

    Freestanding building with an on-site parking lot and two vacant lots totaling 10,000 sq. ft.

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    Retail Building with Parking
    Retail Building with Parking

    4901 S Telegraph Rd, Dearborn Heights, MI 48125

    $595,000

    Retail building with new roof and newly paved parking lot, offering ample onsite parking along Telegraph frontage.

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    Telegraph Road Retail Investment Opportunity
    Telegraph Road Retail Investment Opportunity

    3901-3907 S Telegraph Rd, Dearborn Heights, MI

    Contact for pricing
    5,640 sqft 0.20 AC lot

    Fully leased retail property on busy Telegraph Road corridor.

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    Turnkey Smoke Shop Retail Store
    Turnkey Smoke Shop Retail Store

    8235 N Telegraph Road, Dearborn Heights, MI 48127

    Contact for pricing

    Established smoke shop business for sale with inventory and security equipment included, positioned at a busy road intersection.

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 9 Active listings in Dearborn Heights, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail-Office Building
    Retail-Office Building

    23498-23520 Michigan Ave, Dearborn, MI 48124

    $1,390,000
    6,200 sqft

    For-sale retail-office building spanning 23498–23520 Michigan Ave in Dearborn.

    View details
    Retail Storefront with Liquor License
    Retail Storefront with Liquor License

    3153 Inkster Rd, Inkster, MI 48141

    $425,000
    1,725 sqft

    Retail storefront offered for sale at 3153 Inkster Rd, including a liquor license.

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    Versatile Retail/Office Space
    Versatile Retail/Office Space

    N 1308 N Telegraph Road Unit SourceFi, Dearborn, MI 48128

    Contact for pricing
    13,184 sqft

    Versatile retail/office space on highly traveled Telegraph Road with ample parking and convenient customer access.

    View details
    Turnkey Smoke Shop Retail Storefront
    Turnkey Smoke Shop Retail Storefront

    1090 Inkster Unit SourceFi, Inkster, MI 48141

    $89,900
    1,000 sqft

    Turnkey smoke shop with modern lighting, display cases, POS, and multi-camera security; lease assumed.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    Off-Market Properties in Dearborn Heights, MI

    Consider similar Off-Market properties in Dearborn Heights, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    23912 Van Born Rd
    RETAIL STORES (PERSONAL SERVICES)

    23912 Van Born Rd, Dearborn Heights, MI 48125-2380

    Value Estimation by Request
    1,070 sqft 0.19 AC lot
    View details
    24439 Warren St
    RETAIL STORES (PERSONAL SERVICES)

    24439 Warren St, Dearborn Heights, MI 48127-2223

    Value Estimation by Request
    2,400 sqft 0.20 AC lot
    View details
    20318 Van Born Rd
    RETAIL STORES (PERSONAL SERVICES)

    20318 Van Born Rd, Dearborn Heights, MI 48125-3053

    Value Estimation by Request
    3,527 sqft 0.19 AC lot
    View details
    24023 Ann Arbor Trl
    RETAIL STORES (PERSONAL SERVICES)

    24023 Ann Arbor Trl, Dearborn Heights, MI 48127-1772

    $835,000
    Estimated value
    7,708 sqft 0.41 AC lot
    View details
    22137 Warren St
    RETAIL STORES (PERSONAL SERVICES)

    22137 Warren St, Dearborn Heights, MI 48127-2530

    Value Estimation by Request
    1,200 sqft 0.20 AC lot
    View details
    24539 Warren St
    RETAIL STORES (PERSONAL SERVICES)

    24539 Warren St, Dearborn Heights, MI 48127-2104

    Value Estimation by Request
    5,140 sqft 0.20 AC lot
    View details
    19054 Van Born Rd
    RETAIL STORES (PERSONAL SERVICES)

    19054 Van Born Rd, Dearborn Heights, MI 48125-3217

    Value Estimation by Request
    1,820 sqft 0.09 AC lot
    View details
    22105 Warren St
    RETAIL STORES (PERSONAL SERVICES)

    22105 Warren St, Dearborn Heights, MI 48127-2530

    Value Estimation by Request
    3,987 sqft 0.09 AC lot
    View details
    22101 Warren St
    RETAIL STORES (PERSONAL SERVICES)

    22101 Warren St, Dearborn Heights, MI 48127-2530

    Value Estimation by Request
    2,408 sqft 0.06 AC lot
    View details
    24151 Warren St
    RETAIL STORES (PERSONAL SERVICES)

    24151 Warren St, Dearborn Heights, MI 48127-2231

    Value Estimation by Request
    1,680 sqft 0.27 AC lot
    View details
    24302 Warren St
    RETAIL STORES (PERSONAL SERVICES)

    24302 Warren St, Dearborn Heights, MI 48127-2234

    $550,000
    Estimated value
    4,660 sqft 0.11 AC lot
    View details
    19248 Van Born Rd
    RETAIL STORES (PERSONAL SERVICES)

    19248 Van Born Rd, Dearborn Heights, MI 48125-3203

    Value Estimation by Request
    1,200 sqft 0.10 AC lot
    View details
    3948 Pelham St
    RETAIL STORES (PERSONAL SERVICES)

    3948 Pelham St, Dearborn Heights, MI 48125-3119

    Value Estimation by Request
    1,200 sqft 0.05 AC lot
    View details
    19224 Van Born Rd
    RETAIL STORES (PERSONAL SERVICES)

    19224 Van Born Rd, Dearborn Heights, MI 48125-3203

    Value Estimation by Request
    4,023 sqft 0.10 AC lot
    View details
    23804 Van Born Rd
    RETAIL STORES (PERSONAL SERVICES)

    23804 Van Born Rd, Dearborn Heights, MI 48125-2354

    Value Estimation by Request
    1,092 sqft 0.16 AC lot
    View details

    Dearborn Heights, MI Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Dearborn Heights, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 19,914 square feet of properties for sale, with an estimated market value of $2,174,000.

    Sale prices for retail space in Dearborn Heights, MI start at $229,000, averaging $543,500, and reaching up to $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 12
    Auto shops 6
    Automotive properties 6
    Shopping centers 4
    Showrooms 2

    Demographics Overview

    Population 62K
    Population Growth (5Y) +10.3%
    Median Household Income $61,817
    College Educated 30.4%

    High-Yield Neighborhoods for Investment

    Identify Dearborn Heights submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48125 $619.8K

    Taxes & Financing

    Tax Rate (average for all types) 5.75%
    Property Tax per SF $66.92 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

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