15201 Mercantile Drive Dearborn, MI ^$ 2,950,000

15201 Mercantile Drive

^$ 2,950,000

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15201 Mercantile Drive

Dearborn, MI, 48120

^$ 2,950,000

Bedrooms-- Baths-- Sq 27,711

Monthly Estimate*

^$ 18,627

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Commercial Property for sale in Dearborn, MI

for $2,950,000. This 27,711 square foot building was built on a lot size of 1.93.

Automotive Opportunity with over 27,000 SF! Formerly the Dinolab and Continental building, this property offers a great opportunity for an automotive business looking for a well-suited location. Zoned Light Industrial, the property features an existing automotive history and a functional layout ideal for a variety of automotive and industrial uses. With 27,711 SF of space, this facility offers plenty of room for operations, service bays, storage, and more. Contact us today for more information or to schedule a tour!

Commercial Active

Price

^$ 2,950,000

Property Type

Commercial

Taxes

^$ 33,541

Style

Commercial/Industrial

Lot Size

1.93

Town/City

Dearborn

County/Region

Wayne

MLS | Web ID

61031282

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision Fairlane Commerce Park North 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 Mercantile Dr

City Dearborn

Financial Terms Cash Conventional

Legal Description LOT 21 FAIRLANE COMMERCE PARK NORTH SUB

DOM 14

Postal Code 48120

Price Per Sq Ft Total AG 106.46

Public Remarks Automotive Opportunity with over 27 000 SF! Formerly the Dinolab and Continental building

Exterior

Frontage 289

Lot Size Area 1.93

Lot Dimensions 289x290

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Nick Jaafar

Listing Agent

Keller Williams Legacy

Broker

njaafar@kw.com

Affordability Calculator

$21,422

Per Month

Monthly Principal & Interest: $18,627
Monthly Property Taxes: $2,795
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Commerical listings in Dearborn, MI

Average List Price ^$216,588

Percent of Sale Price 93%

About Dearborn, MI

99,037 Population

1% Since 2002

^$49,400 Median Income

34.6 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/17/2026	$2,950,000		Listed Price

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15201 Mercantile Drive, Dearborn, MI, 48120 is a Commercial Property for sale at $2,950,000 with 27,711 sqft and a lot size of 1.93. The property's zip code is 48120 which is in Dearborn, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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15201 Mercantile Drive

Commercial Property for sale in Dearborn, MI

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