6635 SCHAEFER RD - Retail FOR SALE


Dearborn, MI 48126
$650,000 USD
313-289-2222
6635 SCHAEFER RD, Dearborn, MI for Sale
$650,000 USD
Retail - FOR SALE
1/11
null | 7.57% Cap Rate

6635 SCHAEFER RD
Dearborn, MI 48126


HIGHLIGHTS

  • • TWO SEPARATE COMMERCIAL UNITS
  • • STRONG MONTHLY CASH FLOW OF $4,100/MONTH
  • • PRIME HIGH-VISIBILITY LOCATION ON BUSY SCHAEFER ROAD

OVERVIEW

HEART OF EAST DEARBORN! THIS UNIQUE PROPERTY FEATURES TWO SEPARATE COMMERCIAL UNITS, BOTH FULLY LEASED WITH ESTABLISHED TENANTS IN PLACE, PROVIDING IMMEDIATE CASH FLOW. CURRENTLY GENERATING $4,100 PER MONTH IN RENTAL INCOME. PRIME LOCATION WITH HEAVY DAILY TRAFFIC, GREAT VISIBILITY, AND STRONG SURROUNDING BUSINESS ACTIVITY. IDEAL FOR INVESTORS LOOKING FOR A STABLE INCOME-PRODUCING PROPERTY IN ONE OF DEARBORN’S MOST DESIRABLE COMMERCIAL CORRIDORS. CLOSE TO SHOPPING, RESTAURANTS, MAJOR FREEWAYS, AND DOWNTOWN DEARBORN.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$317 USD /SF

CAP RATE

7.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

BB

APN/PARCEL ID

82-10-072-12-029

ASK ABOUT THIS PROPERTY

Ali T. ChararaAli T. Charara TeamMore Info
313-289-2222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Ali T. ChararaAli T. Charara TeamMore Info
313-289-2222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.