This property represents a prime investment and or user opportunity due to its strategic location on heavily trafficked Telegraph Road, where traffic counts exceed 50,000 cars per day. The area is densely populated with a strong mix of national retailers. Property offers excellent visibility & signage opportunity. With 40 on-site parking spaces, the property is well-equipped for businesses that require customer parking, making it a valuable asset for both current and future users. Currently operating as a pawn shop, the owners are offering the pawn license for an additional $200,000, which could be an appealing option for someone looking to continue or expand the business. Alternatively, the owners are also open to selling the business while providing a leaseback arrangement. Furthermore, there is a current Billboard on-site generating additional income (Billboard agreement is currently on a month-month basis). This property’s potential is amplified by its location, which could serve a wide variety of businesses beyond a pawn shop, depending on the investor’s or buyer’s goals. Whether you’re interested in maintaining the pawn shop operation, rebranding it, or repurposing the space for retail, office, or service use, the high traffic volume and ample parking offer significant flexibility.
Property Details
Price:
$1,000,000
MLS #:
20250007361
Status:
Active
Beds:
0
Baths:
0
Address:
4807 S TELEGRAPH RD
Type:
Commercial
Subtype:
Real Estate Only
Subdivision:
DEARBORN-TELEGRAPH-TWNLNE SUB-DBN HTS
Neighborhood:
05091 – Dearborn Heights
City:
Dearborn Heights
Listed Date:
Feb 3, 2025
State:
MI
Finished Sq Ft:
3,160
Total Sq Ft:
3,160
ZIP:
48125
Lot Size:
17,424 sqft / 0.40 acres (approx)
Year Built:
1954
See this Listing
I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…
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Schools
School District:
DearbornHeights
Interior
Exterior
Construction Materials
Block
Financial
Taxes
$11,905
Map
Community
- Address4807 S TELEGRAPH RD Dearborn Heights MI
- SubdivisionDEARBORN-TELEGRAPH-TWNLNE SUB-DBN HTS
- CityDearborn Heights
- CountyWayne
- Zip Code48125
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4807 S TELEGRAPH RD
Dearborn Heights, MI
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