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6635 SCHAEFER RD 2,500 SF 100% Leased Retail Building Dearborn, MI 48126 $650,000 ($260/SF) 7.57% Cap Rate

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Investment Highlights

• TWO SEPARATE COMMERCIAL UNITS
• PRIME HIGH-VISIBILITY LOCATION ON BUSY SCHAEFER ROAD

• STRONG MONTHLY CASH FLOW OF $4,100/MONTH

Executive Summary

HEART OF EAST DEARBORN! THIS UNIQUE PROPERTY FEATURES TWO SEPARATE COMMERCIAL UNITS, BOTH FULLY LEASED WITH ESTABLISHED TENANTS IN PLACE, PROVIDING IMMEDIATE CASH FLOW. CURRENTLY GENERATING $4,100 PER MONTH IN RENTAL INCOME. PRIME LOCATION WITH HEAVY DAILY TRAFFIC, GREAT VISIBILITY, AND STRONG SURROUNDING BUSINESS ACTIVITY. IDEAL FOR INVESTORS LOOKING FOR A STABLE INCOME-PRODUCING PROPERTY IN ONE OF DEARBORN’S MOST DESIRABLE COMMERCIAL CORRIDORS. CLOSE TO SHOPPING, RESTAURANTS, MAJOR FREEWAYS, AND DOWNTOWN DEARBORN.

Financial Summary (Actual - 2025)	Annual	Annual Per SF
Gross Rental Income	$49,200	$21.08
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$49,200	$21.08
Taxes	$6,611	$2.83
Operating Expenses	$3,000	$1.29
Total Expenses	$9,611	$4.12
Net Operating Income	$39,589	$16.96

Financial Summary (Actual - 2025)

Gross Rental Income
Annual	$49,200
Annual Per SF	$21.08

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$49,200
Annual Per SF	$21.08

Taxes
Annual	$6,611
Annual Per SF	$2.83

Operating Expenses
Annual	$3,000
Annual Per SF	$1.29

Total Expenses
Annual	$9,611
Annual Per SF	$4.12

Net Operating Income
Annual	$39,589
Annual Per SF	$16.96

Property Facts

Sale Type

Investment

Property Type

Retail

Building Size

2,500 SF

Building Class

Year Built/Renovated

1947/2025

Price

$650,000

Price Per SF

$260

Cap Rate

7.57%

NOI

$49,200

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.36

Lot Size

0.16 AC

Zoning

Frontage

60’ on Schaefer Rd

Major Tenants

NATURAL BEAUTY
Retailer
980 SF
$20.00
Modified Gross
-

WORLD OF GIFTS
Retailer
1,500 SF
$20.00
Modified Gross
-

Tenant	Industry	SF Occupied	Rent/SF	Lease Type	Lease End
NATURAL BEAUTY	Retailer	980 SF	$20.00	Modified Gross	-
WORLD OF GIFTS	Retailer	1,500 SF	$20.00	Modified Gross	-

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Moderately walkable

70/100

Exceptionally drivable

90/100

Limited public transit

30/100

Fairly bikeable

50/100

Source: Local Logic^®

Property Taxes

Parcel Number	82-10-072-12-029	Total Assessment	$126,600
Land Assessment	$0	Annual Taxes	$6,611 ($2.64/SF)
Improvements Assessment	$0	Tax Year	2025 Payable 2025

Property Taxes

Parcel Number

82-10-072-12-029

Land Assessment

Improvements Assessment

Total Assessment

$126,600

Annual Taxes

$6,611 ($2.64/SF)

Tax Year

2025 Payable 2025

(313) 289-2222

Contact

Ali T. Charara
Ali T. Charara Team

Listing ID: 40631704
Date on Market: 5/22/2026
Last Updated:
Address: 6635 SCHAEFER RD, Dearborn, MI 48126

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