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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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5401 Schaefer , Dearborn, MI 48126
$1,599,999
Est. Payment: $3,555.55/mo
0 Bed
0 Bath
9029 Sqft
Status: Active | Days on site: 2
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House Description

Commercial opportunity at 5401 Schaefer in East Dearborn! Featuring commercial space with an upstairs residential unit, this property offers flexibility for an owner-user or investor. Includes two lots totaling approximately 0.34 acres with 14,810 square feet of land and combined dimensions of 133 x 112.50 feet. Situated along Schaefer Road near local shopping, dining, and neighborhood businesses. Zoned BB—Community Business District, which also allows uses permitted under BA—Local Business District, offering a range of potential business opportunities subject to city approval. The upstairs residential unit provides potential for additional rental income. Bring your vision to this Dearborn location! Buyer and buyer’s agent to verify all information, including measurements, permitted uses, parking requirements, and approved commercial and residential occupancy.

Highlights

Listed by Simon Saleh , 248-635-2880 Got Key'D Realty , 313-228-5710.

Property Type

Commercial Sale

Lot/Acreage
0.34

Year Built

1941

County

Wayne

Neighborhood

Dearborn City

School District

Dearborn

Listing ID

20261074286

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Basement
Water:Public

Exterior Features

Principal Interest
$3,556
Taxes
$1,622

Home Price

$1,599,999

Loan Details

30 yrs
%

Down Payment

20%
$320,000
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Monthly Price:
$3,555.55

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,555.55 $1,621.92 $0.00 $5,177.47
Yearly $42,666.64 $19,463.00 $0.00 $62,129.64
Total $1,279,999.20 $583,890.00 $0.00 $1,863,889.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Dearborn, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.