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Family Dollar 15241 Michigan Ave 13,991 SF Retail Building Dearborn, MI 48126 $3,695,000 ($264.10/SF)

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EXECUTIVE SUMMARY

This is a turn-key opportunity for investors, business .Don’t miss this rare opportunity to own a centrally located commercial property in one of Dearborn’s most sought-after high-traffic business districts. Strategically positioned just east of the southeast corner of Michigan Avenue and Greenfield Road, this property offers unbeatable visibility and access in a densely populated, heavily traveled area surrounded by successful retail, office, and service businesses.
Located just seconds from the Southfield Freeway (M-39) and I-94, the property is ideally situated for commuters and customers alike. The surrounding area is a thriving, fast-growing multicultural community that continues to attract significant residential and commercial growth. Property comes with an easement that provides plenty of parking .
Key Features:
Zoned BB – General Business District in the City of Dearborn, allowing for a wide variety of commercial uses
Excellent condition with a recently installed fire suppression system
Ample parking on-site, ideal for customer and employee convenience
Located in a high-demand retail and office corridor
Surrounded by established and successful businesses
Exceptional foot and vehicle traffic counts owners, or developers seeking a premium location with long-term upside. Whether you’re expanding an existing business or launching a new venture, this versatile property offers the visibility, accessibility, and community synergy you need to thrive. BATVAI !!

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,991 SF
Building Class
C
Year Built
1980
Price
$3,695,000
Price Per SF
$264.10
Tenancy
Single
Building Height
1 Story
Building FAR
0.71
Lot Size
0.45 AC
Opportunity Zone
Yes
Zoning
BB - Business District.
Parking
12 Spaces (0.86 Spaces per 1,000 SF Leased)
Frontage
113’ on Michigan Avenue

AMENITIES

  • Signage
  • Air Conditioning
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Kroger
Independent Bank
Citizens Bank
Rent-A-Center
Leo's Coney Island
Olive Garden
Chase Bank
Flagstar
Starbucks
BIGGBY Coffee

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-10-183-16-052
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$609,100
  • Listing ID: 38394263

  • Date on Market: 11/10/2025

  • Last Updated:

  • Address: 15241 Michigan Ave, Dearborn, MI 48126

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