Prime Downtown Dearborn Multifamily Opportunity – Exceptional Value-Add Investment
Located in the heart of Downtown Dearborn, this rare redevelopment opportunity offers tremendous upside for investors and developers alike.
100% vacant building ready for immediate renovation and repositioning. Currently framed for 20 units with the potential to reconfigure into 10 spacious two-bedroom units. Electrical infrastructure has already been installed, and the majority of windows are in good condition. This property offers a blank slate for redevelopment in a market with strong rental demand and continued growth.
Ideally situated just steps from The Great Commoner and Le Cigar Lounge, with walkable access to restaurants, coffee shops, retail, and entertainment throughout Downtown Dearborn.
Excellent opportunity for developers, investors, and operators seeking to create a boutique apartment community, workforce housing project, or modern multifamily asset in a prime location.
BATVAI. All information deemed reliable but not guaranteed. Buyer and Buyer's Agent to Verify All Information.
8,990 Sq Ft
7,405.2 Sq Ft Lot Size
commercial
$432 Monthly Tax
Built in 1927
MLS/Listing ID 20261042448
10 Units
Construction - Brick
Heating - Radiant
Heating - Natural Gas