Turnkey Investment Opportunity in Dearborn’s Thriving Commercial Corridor! This 6,984 SF commercial property offers a rare, income-producing opportunity in the heart of Dearborn’s bustling business district. The property features two buildings, a high-visibility billboard, and a private parking lot—perfectly positioned to attract both tenants and customers. The corner building is leased by H&R Block, a long-term tenant with over 30 years of occupancy. They recently renewed their lease, providing a stable and reliable income stream. Additionally, H&R Block leases the prominent billboard above the property, adding to your revenue potential. The second building offers flexible space and can be divided into two additional units, maximizing rental income. Ideal for medical offices, studios, retail shops, or professional services, this property’s versatility appeals to a wide range of businesses. A dedicated parking lot located behind the buildings enhances accessibility for both tenants and customers, further increasing the property’s desirability. Don’t miss out on this exceptional investment opportunity in one of Dearborn’s most sought-after business locations. Schedule your private tour today!
Property Details
Price:
$1,750,000
MLS #:
20250007685
Status:
Active
Beds:
0
Baths:
0
Address:
23954 MICHIGAN AVE
Type:
Commercial
Subtype:
Real Estate Only
Subdivision:
HANNAN DEARBORN HILL NO 2
Neighborhood:
05093 – Dearborn
City:
Dearborn
Listed Date:
Feb 4, 2025
State:
MI
Finished Sq Ft:
6,984
ZIP:
48124
Year Built:
1958
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…
More About LiaMortgage Calculator
Schools
School District:
Dearborn
Interior
Exterior
Construction Materials
Block
Financial
Taxes
$13,024
Map
Community
- Address23954 MICHIGAN AVE Dearborn MI
- SubdivisionHANNAN DEARBORN HILL NO 2
- CityDearborn
- CountyWayne
- Zip Code48124
Similar Listings Nearby
- 4843 S TELEGRAPH RD
Dearborn Heights, MI$2,200,000
1.18 miles away
- 27200 JOY RD
Redford, MI$1,999,000
4.32 miles away
- 15735 W WARREN AVE
Detroit, MI$1,650,000
4.75 miles away
- 27105 FORD RD
Dearborn Heights, MI$1,590,000
2.39 miles away
- 9640 Leverne St
Redford, MI$1,370,000
4.78 miles away

23954 MICHIGAN AVE
Dearborn, MI
LIGHTBOX-IMAGES