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$ 1,000,000
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1300 Porter ST Dearborn, MI 48124
8,990 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 8,990 sqft
Price per Sqft $111
Subdivision A Wagner
MLS Listing ID 20261042448
Year Built 1927
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type BusinessandRealEstate
Property Description
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.
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.
Location
State MI
County Wayne
Area Area05093Dearborn
Interior
Heating Natural Gas, Radiant
Fireplace No
Exterior
View Y/N No
Garage false
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Dearborn
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard

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Listed by Haijar Habbas-Nimer of Own It Realty






