10
See all 10 photos
$1,000,000
Est. payment /mo
3,160 SqFt
Active
4807 S TELEGRAPH Road Dearborn Heights, MI 48125 1936
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
02/03/2025 07:34 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 3,160 sqft
Price per Sqft $316
Subdivision Mi
MLS Listing ID 60368374
Annual Tax Amount $11,905
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 140.00 x 122.90
Property Sub-Type Commercial/Industrial
Property Description
This property represents a prime investment and or user opportunity due to its strategic location on heavily trafficked Telegraph Road, where traffic counts exceed 50,000 cars per day. The area is densely populated with a strong mix of national retailers. Property offers excellent visibility & signage opportunity. With 40 on-site parking spaces, the property is well-equipped for businesses that require customer parking, making it a valuable asset for both current and future users. Currently operating as a pawn shop, the owners are offering the pawn license for an additional $200,000, which could be an appealing option for someone looking to continue or expand the business. Alternatively, the owners are also open to selling the business while providing a leaseback arrangement. Furthermore, there is a current Billboard on-site generating additional income (Billboard agreement is currently on a month-month basis). This property’s potential is amplified by its location, which could serve a wide variety of businesses beyond a pawn shop, depending on the investor's or buyer's goals. Whether you’re interested in maintaining the pawn shop operation, rebranding it, or repurposing the space for retail, office, or service use, the high traffic volume and ample parking offer significant flexibility.
Location
State MI
County Wayne
Area Dearborn Heights (82091)
Zoning Commercial
Building
Water Public Water
Structure Type Block
Others
Ownership Private
Assessment Amount $31
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX Team 2000