Dearborn, MI Retail Space for Sale

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Updated: Apr 24

Dearborn Commercial Property on Michigan

15241 Michigan Ave, Dearborn, MI 48126

$3,300,000

14,000 sqft

Prime commercial location in the heart of Dearborn.
Turn‑key condition, ready for immediate business operation.
Large 14,000+ sqft space with potential for expansion.
Zoned BB – General Business District, allowing for a variety of commercial uses (medical, retail, etc.).
Newer HVAC system and newly installed fire suppression system.

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This listing looks promising.

Here's a quick look at some key insights for

15241 Michigan Ave, Dearborn, MI 48126

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Est. Cap Rate

5.2%
NOI ÷ price
Est. NOI

$172K
Annual
Price @ 7% Cap

$2.46M
Suggested
Property Type

Retail Stores
Built 1955

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Updated: Mar 11

Turn-Key Medical and Retail Center

15241 Michigan Avenue Unit SourceFi, Dearborn, MI 48126

$3,300,000

14,025 sqft

Over 14,000 SF turn‑key commercial space, ready to open your business
Zoned BB – General Business District, allowing a variety of commercial uses
Newly installed fire suppression system
New front glass windows and newer HVAC system
Large parking lot and 119,160 lot dimensions

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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.

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Retail Showroom with Dealer License

7400 Greenfield Road Unit SourceFi, Dearborn, MI 48126

Contact for pricing

2,475 sqft

Showroom/retail space on Greenfield Road with dealer license available for purchase.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Turnkey Fragrance Retail Boutique

W 15301 W Warren Avenue Unit SourceFi, Dearborn, MI 48126

$50,000

2,299 sqft

For sale turnkey fragrance boutique offering perfumes, oils, and specialty fragrances with established in-store retail presentation.

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Retail Grocery Market Building

10135 Dix, Dearborn, MI 48120

$699,900

Well-maintained retail building with a full basement matching the main floor and an included adjacent side lot.

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Dearborn Renovated Commercial Property For Sale

10306 DIX, Dearborn, MI 48120

$429,000

1,725 sqft 0.10 AC lot

Prime, renovated commercial property in Dearborn with high visibility.

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Turnkey Retail/Service Building

22220 W Warren Avenue, Dearborn, MI 48239

$250,000

Turnkey commercial building on a deep lot with generous frontage on West Warren Avenue.

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Profitable Smoke Shop Business Opportunity

18512 OUTER Dr W, Dearborn, MI 48128

$130,000

0.06 AC lot

Established smoke shop with inventory, online store, and lottery.

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Profitable Bridal Business Opportunity

5050 E Greenfield Rd, Dearborn, MI 48126

$300,000

Established bridal and formal wear business for sale.

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Updated Commercial Building on Michigan Avenue

14217 MICHIGAN Avenue, Dearborn, MI 48126

$328,000

1,740 sqft 0.05 AC lot

Move-in ready commercial building with high visibility and ample parking.

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Fragrance Boutique in Dearborn

15301 W Warren Ave, Dearborn, MI 48126

$50,000

Thriving fragrance boutique for sale in active commercial district.

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Turnkey Beauty Salon Retail Space

15010 W Warren, Dearborn, MI 48126

$55,800

For sale retail salon space offered as a fully equipped, ready-for-use business with included inventory.

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Leased Commercial Office Building

7740 Greenfield Road, Dearborn, MI 48126

Contact for pricing

10,000-square-foot commercial building in Dearborn, currently leased, with showings strictly by appointment only.

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Corner Redevelopment Land with Dental Office

25001 Ford Road, Dearborn, MI 48128

Contact for pricing

Corner lot about 80 by 135 feet with former dental office, suitable for medical or retail redevelopment.

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Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 15 Active listings in Dearborn, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 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.

High Visibility Commercial Space

8633 Southfield Rd, Detroit, MI 48228

$110,000

Flexible commercial space on a busy Detroit corridor.

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Warrendale Mixed-Use Investment Opportunity

18648 W Warren Ave, Detroit, MI 48228

$189,000

Mixed-use building with retail and residential units for sale.

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Corner Retail Building with HVAC

7870 Southfield Rd, Detroit, MI 48228

Contact for pricing

Former Family Dollar building with large main room, storage areas, two restrooms, and four rooftop HVAC units.

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Retail Opportunity in High-Traffic Area

19200 Joy Rd. Rd, Detroit, MI 48228

$96,900

0.15 AC lot

Retail property with high potential in a vibrant Detroit location.

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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

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.

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Off-Market Properties in Dearborn, MI

Consider similar Off-Market properties in Dearborn, 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.

RETAIL STORES (PERSONAL SERVICES)

23710 Michigan Ave, Dearborn, MI 48124-1850

$775,000

Estimated value

10,070 sqft 0.18 AC lot

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RETAIL STORES (PERSONAL SERVICES)

22680 Newman St, Dearborn, MI 48124-1597

$780,000

Estimated value

4,741 sqft 0.19 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

23916 Michigan Ave, Dearborn, MI 48124-1833

Value Estimation by Request

1,540 sqft 0.04 AC lot

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RETAIL STORES (PERSONAL SERVICES)

23920 Michigan Ave, Dearborn, MI 48124-1833

Value Estimation by Request

1,660 sqft 0.04 AC lot

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RETAIL STORES (PERSONAL SERVICES)

10221 Warren Ave, Dearborn, MI 48126-1672

Value Estimation by Request

2,379 sqft 0.19 AC lot

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RETAIL STORES (PERSONAL SERVICES)

10425 Dix, Dearborn, MI 48120-1505

Value Estimation by Request

6,064 sqft 0.09 AC lot

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RETAIL STORES (PERSONAL SERVICES)

4425 Schaefer Rd, Dearborn, MI 48126-3607

$635,000

Estimated value

6,428 sqft 0.08 AC lot

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RETAIL STORES (PERSONAL SERVICES)

21919 Michigan Ave, Dearborn, MI 48124-2379

$705,000

Estimated value

5,420 sqft 0.11 AC lot

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RETAIL STORES (PERSONAL SERVICES)

21903 Michigan Ave, Dearborn, MI 48124-2379

$545,000

Estimated value

4,000 sqft 0.08 AC lot

View details

Dearborn, MI Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Dearborn, MI, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 33,789 square feet of properties for sale, with an estimated market value of $7,407,000.

Sale prices for retail space in Dearborn, MI start at $50,000, averaging $1,481,400, and reaching up to $3,300,000 — 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

Demographics Overview

Population 108K

Population Growth (5Y) +16.3%

Median Household Income $62,402

College Educated 36.7%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
Lincoln Park	$300K
Dearborn	$965.2K

Taxes & Financing

Tax Rate (average for all types) 5.36%

Property Tax per SF $43.31 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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Dearborn, MI Retail Space for Sale

15241 Michigan Ave, Dearborn, MI 48126

15241 Michigan Avenue Unit SourceFi, Dearborn, MI 48126

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

7400 Greenfield Road Unit SourceFi, Dearborn, MI 48126

W 15301 W Warren Avenue Unit SourceFi, Dearborn, MI 48126

10135 Dix, Dearborn, MI 48120

10306 DIX, Dearborn, MI 48120

22220 W Warren Avenue, Dearborn, MI 48239

18512 OUTER Dr W, Dearborn, MI 48128

5050 E Greenfield Rd, Dearborn, MI 48126

14217 MICHIGAN Avenue, Dearborn, MI 48126

15301 W Warren Ave, Dearborn, MI 48126

15010 W Warren, Dearborn, MI 48126

7740 Greenfield Road, Dearborn, MI 48126

25001 Ford Road, Dearborn, MI 48128

Opportunities in Nearby Cities

8633 Southfield Rd, Detroit, MI 48228

18648 W Warren Ave, Detroit, MI 48228

7870 Southfield Rd, Detroit, MI 48228

19200 Joy Rd. Rd, Detroit, MI 48228

Potential Development Sites for Consideration

3229 State Road 207, Elkton, FL 32033

Off-Market Properties in Dearborn, MI

23710 Michigan Ave, Dearborn, MI 48124-1850

22680 Newman St, Dearborn, MI 48124-1597

23916 Michigan Ave, Dearborn, MI 48124-1833

23920 Michigan Ave, Dearborn, MI 48124-1833

10221 Warren Ave, Dearborn, MI 48126-1672

10425 Dix, Dearborn, MI 48120-1505

4425 Schaefer Rd, Dearborn, MI 48126-3607

21919 Michigan Ave, Dearborn, MI 48124-2379

21903 Michigan Ave, Dearborn, MI 48124-2379

Dearborn, MI Retail Space Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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