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$ 1,750,000
Est. payment /mo
New
23954 MICHIGAN Avenue Dearborn, MI 48124
6,984 SqFt
UPDATED:
02/09/2025 06:04 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,984 sqft
Price per Sqft $250
Municipality Dearborn City
Subdivision Dearborn City
MLS Listing ID 20250007685
Originating Board Realcomp
Year Built 1958
Annual Tax Amount $13,024
Lot Size 0.610 Acres
Acres 0.61
Lot Dimensions 65x 90 Irregular
Property Description
Turnkey Investment Opportunity in Dearborn's Thriving Commercial Corridor! This 6,984 SF commercial property offers a rare, income-producing opportunity in the heart of Dearborn's bustling business district. The property features two buildings, a high-visibility billboard, and a private parking lot—perfectly positioned to attract both tenants and customers. The corner building is leased by H&R Block, a long-term tenant with over 30 years of occupancy. They recently renewed their lease, providing a stable and reliable income stream. Additionally, H&R Block leases the prominent billboard above the property, adding to your revenue potential. The second building offers flexible space and can be divided into two additional units, maximizing rental income. Ideal for medical offices, studios, retail shops, or professional services, this property's versatility appeals to a wide range of businesses. A dedicated parking lot located behind the buildings enhances accessibility for both tenants and customers, further increasing the property's desirability. Don't miss out on this exceptional investment opportunity in one of Dearborn's most sought-after business locations. Schedule your private tour today!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial,Multiple,Offic
Direction North side of Michigan Avenue & East of Telegraph
Exterior
View Y/N No
Building
Foundation Slab
Sewer Public
Water Public
Structure Type Block
Schools
School District Dearborn
Others
Tax ID 32820921301070
Listed by KW Metro