23954 MICHIGAN Avenue Active

Dearborn,MI 48124

$ 1750000

- Bed

0 Bath

6984 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,984 sqft

Price per Sqft $250

Subdivision Dearborn City

MLS Listing ID 20250007685

Year Built 1958

Annual Tax Amount $13,024

Lot Size 0.610 Acres

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

Exterior

View Y/N No

Building

Foundation Slab

Sewer Public

Water Public

Structure Type Block

Schools

School District Dearborn

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