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9,029 sqft

$1,599,999

5401 Schaefer Unit: 1 & 2, Dearborn City Wayne Michigan, 48126

Price per sqft$177.21
Built in1941
Property size9,029 sqft
Property typeCommercial

Overview

Active

Listed Sep 14, 2026

Updated 3 weeks ago

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.

Other Property Details

Taxes
$19,463
Tax Frequency
Annually
55+/Senior Community
No

 

Courtesy of Got Key'D Realty

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Data last updated 3:15 AM UTC, 9/16/2026

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