4807 S TELEGRAPH Road Active

Dearborn Heights,MI 48125

$ 1000000

- Bed

0 Bath

3160 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,160 sqft

Price per Sqft $316

Municipality Dearborn Heights City

Subdivision Dearborn Heights City

MLS Listing ID 20250007361

Originating Board Realcomp

Year Built 1954

Annual Tax Amount $11,905

Lot Size 0.400 Acres

Acres 0.4

Lot Dimensions 140.00 x 122.90

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 Wayne County - 100

Zoning Commercial

Direction Located on the East side of Telegraph, between Michigan Ave & Van Born.

Exterior

View Y/N No

Building

Sewer Public

Water Public

Structure Type Block

Schools

School District Dearborn Heights

Others

Tax ID 33047010300300

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