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1300 Porter Street Dearborn, MI $ 1,000,000
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$ 1,000,000 Get more info
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 in 1927 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

BusinessandRealEstate

Lot Size

0.17

Year Built

1927

Town/City

Dearborn

County/Region

Wayne

MLS | Web ID

20261042448
Features
General
Sewer PublicSewer
Heating NaturalGas Radiant
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1927
Levels Three
Property Subtype BusinessandRealEstate
Current Use Commercial
Business Type Apartments
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name A WAGNER
Garage Y/N N
Status Active
Directions From Michigan Ave south on Military St east on Porter St.
City DearbornCity_Wayne
Senior Community Y/N N
High School District Dearborn
Zoning Description Commercial
Number Of Units Total 10
MLS Area Area05093Dearborn
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5188.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 77015
Expected Active Date 2026-06-09
Legal Description LOT 2 A WAGNERS SUB
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Exterior
Water Source Public
Spa N
Building Area Total 8990.0
Lot Dimensions 200x180
Lot Size Acres 0.17
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 8990.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 1300
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* Excluded Features
List By
Haijar Habbas-Nimer

Listing Agent

Own It Realty

Broker

(734) 802-9490

Phone

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
848133 Elementary School
848587 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
6/10/2026$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. 1300 Porter Street was built in 1927. The property's zip code is 48124 which is in Dearborn, MI

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