23780 Michigan Ave 2,850 SF Retail Building Dearborn, MI 48124 $950,000 ($333.33/SF)
INVESTMENT HIGHLIGHTS
- Former Tim Horton's Cafe
- Equipped with a Drive-Thru
- Extremely rare opportunity in West Dearborn.
- 2,850 SF on 0.97 Acre Site
- Expansive Parking Lot with 67 Spaces
EXECUTIVE SUMMARY
The Thomas Duke Company is pleased to bring to market the former Tim Horton’s located at 23780 Michigan Avenue in Dearborn,
Michigan. This is an extremely rare opportunity to buy or lease a free-standing building with a drive-thru on one of West Dearborn’s
most heavily-traveled corridors. Key positioning on Michigan Avenue just West of Outer Drive before the Telegraph interchange
with traffic counts of over 41,000 VPD. The property features 2,850 SF and is situated on .97 acres with 67 parking spaces with
multiple signage opportunities. This opportunity will not last long.
Michigan. This is an extremely rare opportunity to buy or lease a free-standing building with a drive-thru on one of West Dearborn’s
most heavily-traveled corridors. Key positioning on Michigan Avenue just West of Outer Drive before the Telegraph interchange
with traffic counts of over 41,000 VPD. The property features 2,850 SF and is situated on .97 acres with 67 parking spaces with
multiple signage opportunities. This opportunity will not last long.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,850 SF
Building Class
C
Year Built
1978
Price
$950,000
Price Per SF
$333.33
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.93 AC
Zoning
BB - General Business District
Parking
67 Spaces (23.51 Spaces per 1,000 SF Leased)
Frontage
115’ on Michigan Ave
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 23780
- 2,850 SF
- Restaurant
- Outparcel
- Now
| Space | Size | Space Use | Position | Available |
| 23780 | 2,850 SF | Restaurant | Outparcel | Now |
23780
| Size |
| 2,850 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 32-09-213-01-022 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $386,300 |
