23954 MICHIGAN Avenue, Dearborn, MI 48124 - MLS#20250007685

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

Feb

Sat

Mar

Sun

Mar

Jay Fontaine

clientsupport@fontainerealtyteam.com +1(248) 654-8700

$1,750,000

Est. payment - /mo

6,984 SqFt

Save

UPDATED:

02/09/2025 05:02 AM

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 6,984 sqft

Price per Sqft $250

Subdivision Hannan Dearborn Hill No 2

MLS Listing ID 20250007685

Originating Board Realcomp II Ltd

Year Built 1958

Annual Tax Amount $13,024

Lot Size 0.610 Acres

Acres 0.61

Lot Dimensions 65x 90 Irregular

Property Sub-Type Real Estate Only

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 Dearborn

Zoning Commercial,Multiple,Office

Direction North side of Michigan Avenue & East of Telegraph

Exterior

Road Frontage Class A, Paved

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 1 Story

Structure Type Block/Concrete/Masonry

Schools

School District Dearborn

Others

Tax ID 32820921301070

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, Warranty Deed

Listing Terms Cash, Conventional, Warranty Deed

Financing Cash,Conventional,Warranty Deed

Special Listing Condition Full Service

Read Less Info

Listed by Patrick Linsdau of KW Metro

Get More Information

Jay Fontaine

+1(248) 654-8700

Broker | License ID: 370315

Broker License ID: 370315

Quick Search

23954 MICHIGAN Avenue Dearborn, MI 48124

Jay Fontaine

Key Details

Location

Exterior

Building

Schools

Others

Get More Information