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15241 Michigan Ave
Dearborn, MI 48126
Family Dollar · Retail Property For Sale

Investment Highlights

  • Located on Michigan Avenue with high daily traffic counts and broad regional exposure.
  • Equipped with upgraded mechanical systems, new fire suppression, and prominent storefront glazing.
  • Situated near major Detroit highways and within 25 minutes of Detroit Metropolitan Wayne County Airport.
  • Zoned BB – General Business District, allowing for diverse commercial applications including retail, medical, and professional services.
  • Large surface parking lot to accommodate customers and staff with ease of access.
  • Immediate operational potential in a thriving urban corridor with sustained commercial demand.

Executive Summary

PRIME COMMERCIAL OPPORTUNITY IN THE HEART OF DEARBORN! OVER 14,000 SQFT, TURN KEY, READY TO OPEN YOUR NEW BUSINESS! THE LOCATION IS HIGHLY VISIBLE AND SITUATED IN A GROWING AREA, THIS PROPERTY OFFERS GREAT POTENTIAL FOR EXPANSION AND SUCCESS IN A THRIVING COMMUNITY! ZONED **BB – GENERAL BUSINESS DISTRICT** ALLOWING A VARIETY OF COMMERCIAL USES - MEDICAL CENTER, RETAIL... ENDLESS OPPORTUNITIES FOR THIS COMMERCIAL PROPERTY! NEWLY INSTALLED FIRE SUPPRESSION SYSTEM, NEW FRONT GLASS WINDOWS, NEWER HVAC SYSTEM, AND A LARGE PARKING LOT! ALL DATA IS APPROXIMATE. BUYERS AGENT TO VERIFY ALL INFORMATION.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,991 SF
Building Class
C
Year Built
1980
Price
$3,300,000
Price Per SF
$235.87
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

Property Taxes

Property Taxes

Parcel Number
32-10-183-16-052
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$609,100
  • Listing ID: 41425571

  • Date on Market: 11/10/2025

  • Last Updated:

  • Address: 15241 Michigan Ave, Dearborn, MI 48126

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