1300 Porter Street Dearborn, MI $ 1,000,000
1300 Porter Street
$ 1,000,000
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1300 Porter Street

Dearborn, MI, 48124
$ 1,000,000
Bedrooms-- Baths-- Sq 8,990

Monthly Estimate*

$ 6,157

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Commercial Property for sale in Dearborn, MI

for $1,000,000. This 8,990 square foot building was built on a lot size of 0.17.

Prime Downtown Dearborn Multifamily Opportunity – Exceptional Value-Add Investment Located in the heart of Downtown Dearborn, this rare redevelopment opportunity offers tremendous upside for investors and developers alike. 100% vacant building ready for immediate renovation and repositioning. Currently framed for 20 units with the potential to reconfigure into 10 spacious two-bedroom units. Electrical infrastructure has already been installed, and the majority of windows are in good condition. This property offers a blank slate for redevelopment in a market with strong rental demand and continued growth. Ideally situated just steps from The Great Commoner and Le Cigar Lounge, with walkable access to restaurants, coffee shops, retail, and entertainment throughout Downtown Dearborn. Excellent opportunity for developers, investors, and operators seeking to create a boutique apartment community, workforce housing project, or modern multifamily asset in a prime location. BATVAI. All information deemed reliable but not guaranteed. Buyer and Buyer's Agent to Verify All Information.

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Commercial Active

Price

$ 1,000,000

Property Type

Commercial

Taxes

$ 5,188

Style

Commercial/Industrial

Lot Size

0.17

Town/City

Dearborn

County/Region

Wayne

MLS | Web ID

61000599

Features
General
Heating Radiant
Possession At Close
Water Public Water
Status Active Active
Year Built 19
Subdivision A Wagner 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 From Michigan Ave south on Military St east on Porter St.
City Dearborn
Financial Terms Cash Conventional
Legal Description LOT 2 A WAGNERS SUB
DOM 5
Postal Code 48124
Price Per Sq Ft Total AG 111.23
Public Remarks Prime Downtown Dearborn Multifamily Opportunity – Exceptional Value-Add Investment Located in the heart of Downtown Dearborn
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Exterior
Exterior Brick
Frontage 40
Lot Size Area 0.17
Lot Dimensions 200x180
Roads Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Haijar Habbas-Nimer

Listing Agent

Own It Realty

Broker

haijar@ownit2020.com

Email

Affordability Calculator

$6,590
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,157
Monthly Property Taxes
$432
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
6/9/2026$1,000,000 Listed Price

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1300 Porter Street, Dearborn, MI, 48124 is a Commercial Property for sale at $1,000,000 with 8,990 sqft and a lot size of 0.17. The property's zip code is 48124 which is in Dearborn, MI