16030 MICHIGAN Avenue $1,100,000

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    16030 MICHIGAN Avenue Dearborn, MI 48126

    Sold
    SOLD 9/3/2024

    $1,100,000

    Market Estimate
    • 9,163 sq. ft.
    • 0.19 Acres
    • Commercial
    • MLS# 60302774
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    Property Details

    THIS IMPRESSIVE COMMERCIAL BUILDING SPANS OVER 8,500 SQUARE FEET AND STANDS PROMINENTLY ON A CORNER LOT IN A HIGH-TRAFFIC AREA ACROSS FROM THE DEARBORN POLICE STATION AND COURTHOUSE, CONVENIENTLY LOCATED NEAR THE SOUTHFIELD FREEWAY. THE BUILDING IS CURRENTLY FULLY LEASED, WITH THE EXCEPTION OF ONE OFFICE SPACE THAT IS NOW AVAILABLE FOR LEASE. THE BUILDING IS IN EXCELLENT CONDITION AND BOASTS GRADE A INCOME POTENTIAL, MAKING IT AN IDEAL INVESTMENT OPPORTUNITY. ADDITIONALLY, THE BUILDING OFFERS AMPLE PARKING SPACE, ENSURING CONVENIENCE FOR BOTH TENANTS AND THEIR CLIENTS. DON'T MISS OUT ON THIS STRATEGIC LOCATION AND VERSATILE COMMERCIAL PROPERTY! ALL DATA APPROX. BUYER AND BUYER AGENT TO VERIFY

    • General Features
      • Acreage 0.19
      • Area Municipality Dearborn (82093)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision HUGHES & SCHADEN KORTE SUB
      • Total SqFt Finished 9163
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Commercial
    • Building Features
      • Exterior Construction Brick
      • Heating System Forced Air
    • Property Features
      • Water Public Water
      • Lot Size 100X100
      • 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

    $225,000 Median Sales Price
    15 Homes Sold
    24 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        9/3/2024 3:00:00 AM Sold Source: Multiple Listing Service New Value: $1,100,000
        8/21/2024 12:37:04 PM Status Changed Source: Multiple Listing Service New Value: Pending
        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.