15241 Michigan Avenue Avenue Dearborn, MI $ 3,950,000
15241 Michigan Avenue Avenue
$ 3,950,000
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15241 Michigan Avenue Avenue

Dearborn, MI, 48126
$ 3,950,000
Bedrooms-- Baths-- Sq 14,025

Monthly Estimate*

$ 24,643

15241 Michigan Avenue Avenue, Dearborn, MI 48126 - Image 1
15241 Michigan Avenue Avenue, Dearborn, MI 48126 - Image 2
15241 Michigan Avenue Avenue, Dearborn, MI 48126 - Image 3
15241 Michigan Avenue Avenue, Dearborn, MI 48126 - Image 4
15241 Michigan Avenue Avenue, Dearborn, MI 48126 - Image 5

Commercial Property for sale in Dearborn, MI

for $3,950,000. This 14,025 square foot building was built on a lot size of 0.45.

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. 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 This is a turn-key opportunity for investors, business 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.

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Commercial Active

Price

$ 3,950,000

Property Type

Commercial

Taxes

$ 37,872

Style

Commercial/Industrial

Lot Size

0.45

Town/City

Dearborn

County/Region

Wayne

MLS | Web ID

60943293

Features
General
Possession At Close
Water Public Water
Status Active Active
Year Built 19
Subdivision Greenfield Manor MI
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Dearborn
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Area Dearborn (82093)
Primary City Dearborn
Directions Slightly East of Southeast corner of Michigan avenue and Greenfield Rd.
City Dearborn
Financial Terms Cash Conventional
Legal Description LOTS 10 THRU 14 & E 18 FT OF LOT 15 INCLUDING HALF OF THE VACATED ALLEY IN THE REAR THEREOF GREENFIELD MANOR SUB
DOM 57
Postal Code 48126
Price Per Sq Ft Total AG 281.64
Public Remarks
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Exterior
Frontage 160
Lot Size Area 0.45
Lot Dimensions 119X160
Roads Class A
Waterfront Y/N No
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* Excluded Features
List By
Abraham Elsheick

Listing Agent

Empire Realty Group

Broker

aelsheick@gmail.com

Email

Affordability Calculator

$27,799
Per Month
89%
11%
0%
Monthly Principal & Interest
$24,643
Monthly Property Taxes
$3,156
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2025$3,950,000 -5.84% Price Down
10/7/2025$4,195,000 Listed Price

Map


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15241 Michigan Avenue Avenue, Dearborn, MI, 48126 is a Commercial Property for sale at $3,950,000 with 14,025 sqft and a lot size of 0.45. The property's zip code is 48126 which is in Dearborn, MI