Available - Retail Building

Retail-Commercial for Sale
Catylist Listing ID: 28877802
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 31,750 SF
Gross Building Area: See Agent
Sale Price: $1,200,000
Unit Price: $37.80 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/16/2018

Overview / Comments

Very visible space on Michigan Avenue in Dearborn with 18,000 average daily traffic count.
Locate your business in current building or redevelop site with Life Style building.
Attractively priced.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Dearborn
Tax ID/APN: 82-10-184-05-038
Market Type: Large
Retail Clientele: General, Family, Business, Tourist
Property Located Between: Schaefer Rd and Schlaff St.
Side of Street: South
Road Type: Paved
Property Visibility: Excellent
Traffic/Vehicle Count: 18,000
Transportation: Bus, Rail, Highway, Airport, Taxi, Water/Ferry
Highway Access: Less than a mile to I 94
Area Description: Dearborn is very diverse and dynamic city. It is second largest city in Wayne County. It is eighth largest city in State of Michigan. The city is a regional center for employment, healthcare services, higher education, shopping and transportation along with outstanding cultural, environmental and visitor attractions. It is birthplace of Henry Ford - father of production line. Dearborn is where auto and steel manufacturing, green beltways, fields of sunflowers and wildlife dwell side by side.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Good
Year Built: 1948
Year Renovated: 2001
Roof Type: Flat
Parking Type: Surface
Parking Description: Road side front parking as well as back parking. Alley way.
Lot Frontage: 140'
Lot Depth: 100'
Easements: Electric Lines, Water Rights, Utilities

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,543 164,421 434,595
Median Age: 27.34 30.64 34.14
Households: 7,178 54,646 158,609
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