For Sale
$1,150,000

13975 Michigan Ave Dearborn, MI 48126

Prime location, high-return potential.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional mixed-use property, located at 13975 Michigan Avenue in Dearborn, Michigan, presents a unique investment opportunity. Boasting a total of 12,600 square feet across three stories, this 1948-built building sits on a 7,000 square foot lot and is zoned for commercial use. The ground floor offers 4,200 square feet of commercial space, perfect for a variety of businesses, and includes ample parking. The upper two floors, each exceeding 4,200 square feet, are zoned for residential use, providing significant potential for rental income or personal use. Architectural plans and prints are included in the asking price of $1,150,000 ($91.27 per square foot). A land contract with 0% interest is available. Recent improvements include a new roof and roof hatch, installed less than a year ago. This property offers unparalleled visibility in a prime East Dearborn location, making it an ideal investment for discerning buyers. All measurements are approximate. Don't miss this chance to acquire a well-maintained, high-potential mixed-use property in a thriving Michigan market.

Highlights

  • $1,150,000 asking price for a mixed-use property in a prime East Dearborn location.
  • 12,600 square feet total, including 4,200 square feet of ground-floor commercial space and over 4,200 square feet each on the second and third floors, zoned for residential use.
  • Includes architectural plans and prints; land contract with 0% interest available.
  • Features a recently replaced roof and roof hatch.
  • Ample parking available.

Property Details for 13975 Michigan Ave

Property type
Specialty properties, Retail properties
Square Feet
12,600 SF
Year Built
1948
Buildings
1
Stories
3

Location Insight

City
Dearborn
County
Wayne
State
Michigan
Latitude
42.3207346
Longitude
-83.1803685

FAQs

What type of property is this?
Specialty property - Prime location, high-return potential.
Where is the specialty property located?
The property is located at 13975 Michigan Ave Dearborn, MI.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: $1,150,000 asking price for a mixed-use property in a prime East Dearborn location.; 12,600 square feet total, including 4,200 square feet of ground-floor commercial space and over 4,200 square feet each on the second and third floors, zoned for residential use.; Includes architectural plans and prints; land contract with 0% interest available.
How can I contact the broker?
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13975 Michigan Ave
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