522 Tecumseh Street Dundee, MI 48131

Active

$1,825,000

Market Estimate

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7,556 sq. ft.
5.12 Acres
Commercial
MLS# 50120482

Listing provided courtesy of: Coldwell Banker Haynes R.E. - Monroe - 734-242-8484

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Property Details

Description

This prime development site, spanning 5.12 acres in the charming Village of Dundee, MI, boasts an excellent location right next door to a well-known McDonald's restaurant. The property features the former Silver Bells Christmas Store building, offering a unique opportunity for redevelopment. Its strategic placement provides convenient access to US 23 at exit 17, just minutes away. Surrounded by a bustling area, this site is in the company of popular establishments like Dairy Queen, Taco Bell, Autozone, Jimmy Johns, Wendy's, and more. What sets this property apart is its exceptional visibility, with over 21,000 vehicles passing by daily. Whether you're considering launching a new business or expanding an existing one, this site offers an ideal location to maximize your venture's potential.

General Features
- Acreage 5.12
- Area Municipality Dundee (58018)
- County Monroe
- Originating MLS Southeastern Border Association of REALTORS
- Ownership Private
- Total SqFt Finished 7556
- Waterfront Y/N No
- Year Built 2000
- ZONING Commercial
Building Features
- Cooling System Central A/C
- Exterior Construction Brick
- Foundation Type Basement
- Heating System Forced Air
- FUEL TYPE Natural Gas
- Roofing Shingles
Property Features
- Water Public Water
- PARKING 21+ Spaces
- Lot Size 458 x 958
- Roads Paved Street
- Sewer Septic Public Sanitary

Neighborhood

48131 (Dundee) Demographics

40 Median Age

140 Population Density (per sq. mile)

40% College Educated

$71,474 Estimated Median Income

2,190 Estimated Total Home Owners

864 Estimated Total Renters

72% / 28% Estimated Owner / Renter Divide

2 Estimated Average Household Size

7,085 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$250,000 Median Sales Price

13 Homes Sold

16 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: $1,825,000
8/30/2023 10:06:00 AM	New in Database Source: Multiple Listing Service	New Value: $1,825,000

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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.