13975 Michigan Avenue $1,150,000

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    13975 Michigan Avenue Dearborn, MI 48126

    • 12,600 sq. ft.
    • 0.10 Acres
    • Commercial
    • MLS# 60263366
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    Views: 70 Days On Site: 408

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    Property Details

    Available for sale in the heart of East Dearborn, this mixed-use property offers unparalleled visibility in a prime location! 12,600 square feet total. The first floor features 4,200 sq. ft. of commercial space, ideal for various business ventures, with ample parking for convenience. The second and third floors provide over 4,200 sq. ft. each, zoned and approved for residential. Rare opportunity, perfect for additional rental income or personal use. Price includes architectural plans and prints, and a land contract is available with 0% interest! With a new roof and roof hatch less than a year old, this is a fantastic investment opportunity. Motivated seller â‚' donâ‚„¢t miss out! Schedule a tour today! All measurements approximate

    • General Features
      • Acreage 0.1
      • Area Municipality Dearborn (82093)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Total SqFt Finished 12600
      • Waterfront Y/N No
      • ZONING Commercial
    • Building Features
      • Exterior Construction Other
    • Property Features
      • Water Public Water
      • Lot Size 180x100
      • Roads Paved Street
      • Sewer Septic Public Sanitary

    Neighborhood

    48126 (Dearborn) Demographics

    27 Median Age
    4,821 Population Density (per sq. mile)
    29% College Educated
    $40,262 Estimated Median Income
    7,342 Estimated Total Home Owners
    6,150 Estimated Total Renters
    54% / 46% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    47,692 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $265,000 Median Sales Price
    14 Homes Sold
    28 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,150,000
        9/25/2024 12:07:03 PM Price Reduced Source: Multiple Listing Service New Value: $1,150,000 -15.69%
        5/23/2024 8:21:56 PM Price Reduced Source: Multiple Listing Service New Value: $1,364,000 -0.07%
        10/12/2023 6:23:00 PM New in Database Source: Multiple Listing Service New Value: $1,365,000

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        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.