10
See all 10 photos
$1,000,000
Est. payment /mo
3,160 SqFt
Active
4807 S TELEGRAPH Road Dearborn Heights, MI 48125
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UPDATED:
02/03/2025 06:51 PM
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
Listed by RE/MAX Team 2000