MI > Wayne > Dearborn > 13939 Michigan Avenue

$2,350,000

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  • MLS# 20221068868
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248-304-6700

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248-208-3883

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Great location in prime East Downtown Dearborn on Michigan Ave. Generating good numbers from long term tenants with contractual annual increases in rent. Great investment with minimal expenses. Building is in pristine condition, fully renovated with high-end touches in 2018 and passed thorough inspection by structural engineer. There are 4 units; 3 first floor retail and 1 office space on second floor. Fully leased out. Amazing opportunity for investors. New roof. New HVAC units. DOES NOT INCLUDE THE DJJ 3 STORY BUILDING. MOTIVATED SELLER, BRING YOUR OFFERS.

Property Information

Status
Sold 
Address
13939 Michigan Avenue 
City
Dearborn 
Zip
48126 
Year Built
1948 
Subdivision
Home Farm 
Listing Date
02/01/2023 
County
Wayne 
Above Grade SqFt
20,000 
Possession
At Close 
Price/SqFt
119.5 

School Information

School District
Dearborn 

Taxes

Summer Taxes
$30,450 
Winter Taxes
$4,550 

Features

Zoning
Commercial 
Water
Public (Municipal) 
Sub Property Type
Commercial 

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annual
annual
  • Property History
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  • Local Business
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20221068868 Sold Pending Sep 16 2023 11:06AM $2,350,000 106
20221068868 Pending Active May 19 2023 2:16AM 106
20221068868 Apr 11 2023 2:15AM $2,390,000 $2,899,000 106
20221068868 Active Feb 1 2023 8:36PM $2,899,000 106
2200031653 Expired Active May 15 2021 2:52AM 365
2200031653 Dec 21 2020 9:45AM $8,900 $9,375 365
2200031653 Active May 14 2020 7:35AM $9,375 365
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Exp Realty Llc
(888) 501-7085
Office Address 39555 Orchard Hill Place Ste 600

13939 Michigan Avenue Dearborn
Contact us
$2,390,000
Sold • Acres: 0.48 • Zoning: Commercial