15241 Michigan Avenue Dearborn, MI ^$ 2,980,000

15241 Michigan Avenue

^$ 2,980,000

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Recently Listed

15241 Michigan Avenue

Dearborn, MI, 48126

^$ 2,980,000

Bedrooms-- Baths-- Sq 14,025

Monthly Estimate*

^$ 20,582

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Commercial Property for sale in Dearborn, MI

for $2,980,000. This 14,025 square foot building was built on a lot size of 0.45.

Prime Michigan Avenue commercial building in the heart of Dearborn, just east of Greenfield Rd. This 14,025 sq ft single-story brick building sits on a 0.45-acre lot with a large on-site parking lot and strong street frontage along one of Dearborn's busiest corridors. Zoned BB General Business, allowing a wide range of uses including retail, medical, office and showroom. Recent updates include a fire suppression system, new front storefront glass and a newer HVAC system. Ideal for an owner-user or investor seeking visibility, size and parking in a high-traffic, established market. Owner-occupied; possession at close. Showings by appointment. All information approximate; buyer and buyer's agent to verify.

Commercial Active

Price

^$ 2,980,000

Property Type

Commercial

Taxes

^$ 37,770

Style

Commercial/Industrial

Lot Size

0.45

Town/City

Dearborn

County/Region

Wayne

MLS | Web ID

61037630

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 Michigan Ave east of 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 0

Postal Code 48126

Price Per Sq Ft Total AG 212.48

Public Remarks Prime Michigan Avenue commercial building in the heart of Dearborn just east of Greenfield Rd. This 14

Exterior

Exterior Brick

Frontage 119

Lot Size Area 0.45

Lot Dimensions 119X160

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Al Baydoun

Listing Agent

U.S. Investor Group

Broker

al@usinvestorgroup.com

Affordability Calculator

$23,730

Per Month

Monthly Principal & Interest: $20,582
Monthly Property Taxes: $3,148
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Commerical listings in Dearborn, MI

Average List Price ^$245,982

Percent of Sale Price 92%

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
10/9/2026	$2,980,000		Listed Price

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15241 Michigan Avenue, Dearborn, MI, 48126 is a Commercial Property for sale at $2,980,000 with 14,025 sqft and a lot size of 0.45. The property's zip code is 48126 which is in Dearborn, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

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

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15241 Michigan Avenue

Commercial Property for sale in Dearborn, MI

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