$1,750,000 for Sale

23954 michigan avenue, dearborn, MI 48124

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!
General Information
Sale Price: $1,750,000
Price/SqFt: $251
Status: Active
MLS#: rcomi20250007685
City: dearborn
Post Office: dearborn
Schools: dearborn
County: Wayne
Acres: 0.61
Lot Dimensions: 65x 90 Irregular
Size: 6,984 sq.ft.
Acreage: 0.61 est.
Year Built: 1958
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $11,593
Est. Winter Taxes:  $1,431


IDX provided courtesy of Realcomp II Ltd. via AAA McNamara Properties and Realcomp II Ltd., ©2025 Realcomp II Ltd. Shareholders Listing By: Patrick Linsdau of KW Metro, Phone: (248) 288-3500
Call Hilda McNamara for more information about this property. (810) 874-4300

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Hilda McNamara
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(810) 874-4300