21931 Michigan Avenue Dearborn, MI $ 1,500,000
21931 Michigan Avenue
$ 1,500,000
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21931 Michigan Avenue

Dearborn, MI, 48124
$ 1,500,000
Bedrooms-- Baths-- Sq 63,706

Monthly Estimate*

$ 10,360

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Commercial Property for sale in Dearborn, MI

for $1,500,000. This 63,706 square foot building was built on a lot size of 0.96.

Fully Built-Out Restaurant with Patio | Approx. 8,010 SF | Downtown West Dearborn. Thriving restaurant for sale. Or bring your own restaurant concept to Downtown West Dearborn with this fully built-out, approximately 8,010 SF restaurant space at 21931 Michigan Avenue in Wagner Place East.? Currently operating as Turkish Village.? This sale includes the complete existing restaurant, buildout, all equipment, furniture, and furnishings.? The space features extensive kitchen equipment, furnished dining areas, distinctive interior finishes, and an outdoor patio with seating included in the offering.? This offering is for the restaurant assets and buildout; real estate is excluded, and rent and occupancy costs are separate.? Lease transfer and any change of concept are subject to landlord approval.? Contact the listing broker for additional details and to schedule a private tour.? Complete restaurant buildout with all equipment and furniture included. Outdoor patio and seating included. Approximately 8,010 SF of first-floor space at Wagner Place East. Michigan Avenue location in Downtown West Dearborn. Extensive kitchen equipment, furnished dining areas, and distinctive interior finishes. Opportunity to introduce a new restaurant concept or expand an existing brand. Real estate excluded. Lease transfer and any change of concept subject to landlord approval.

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 306,881

Style

Commercial/Industrial

Lot Size

0.96

Town/City

Dearborn

County/Region

Wayne

MLS | Web ID

61039729

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Year Built 20
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Dearborn
Zoning Commercial
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Dearborn (82093)
Primary City Dearborn
Virtual Tour https://youtube.com/shorts/yN_6IbHOROE?is=4suh2se9Ua5ozY_h
Directions LOCATED ON THE SOUTH SIDE OF MICHIGAN AVE. LOCATED CORNER OF MICHIGAN AVE AND MONROE ST IN DOWNTOWN WEST DEARBORN.
City Dearborn
Financial Terms Cash
Legal Description LOTS 1 AND LOT 2 AND THE WESTERLY 10 FEET OF LOT 3 PLAN OF DEARBORNVILLE (EAST SIDE) ACCORDING TO THE PLAT THEREOF AS RECORDED IN LIBER 11 OF DEEDS PAGES 203 AND 204 WAYNE COUNTY RECORDS WAYNE COUNTY
DOM 0
Postal Code 48124
Price Per Sq Ft Total AG 23.55
Public Remarks Fully Built-Out Restaurant with Patio Approx. 8
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Exterior
Exterior Brick
Frontage 100
Lot Size Area 0.96
Lot Dimensions 100X200
Roads Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Tarick Salmaci

Listing Agent

Arg Realty

Broker

Tarick@Tarick.com

Email

Affordability Calculator

$35,934
Per Month
29%
71%
0%
Monthly Principal & Interest
$10,360
Monthly Property Taxes
$25,573
Monthly 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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2026$1,500,000 Listed Price

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21931 Michigan Avenue, Dearborn, MI, 48124 is a Commercial Property for sale at $1,500,000 with 63,706 sqft and a lot size of 0.96. The property's zip code is 48124 which is in Dearborn, MI