$1,599,999

5401 Schaefer Rd Unit 1 & 2 Dearborn, MI 48126

Colson Ruby Neighborhood

Estimated payment $10,493/month

-- Beds
-- Baths
9,029 Sq Ft
$177 Price per Sq Ft

About This Home

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.

Listing Agent

Simon Saleh

Got Key'D Realty License #6502434043 Listed on: 09/12/2026

Co-Listing Agent

Ali Beydoun

Got Key'D Realty License #6502432884

Property Details

Property Type

  • Other

Est. Annual Taxes

Year Built

  • Built in 1941

Lot Details

  • 14,810 Sq Ft Lot
  • Lot Dimensions are 133.00x112.50
  • Zoning described as Commercial

Home Design

  • 9,029 Sq Ft Home
  • Brick Exterior Construction
  • Block Foundation

Additional Features

  • Basement

Community Details

  • Maplewood Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32821018209041

Property Details

Property Type

Other

Est. Annual Taxes

$19,463

Year Built

Built in 1941

Lot Details

0.34 Acres

Listing Details

  • Property Type: CommercialSale
  • Year Built: 1941
  • Current Use: Commercial, MixedUse, Residential, Retail
  • State Equalized Value: 314200.00
  • Property Sub Type: RealEstateOnly
  • LotSizeAcres: 0.34
  • Co List Office Mls Id: 432952
  • Co List Office Phone: 3132285710
  • Co List Office Mls Id: 432952
  • Above Grade Finished Sq Ft: 9029.00
  • Living Area: 9029.00
  • ClassName: CommercialSale
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Block
  • Construction Materials: Brick
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

  • Garage: No

Utilities

  • Sewer: PublicSewer
  • Water Source: Public

Schools

  • Junior High Dist: Dearborn

Lot Info

  • Lot Dimensions: 133.00X112.50
  • Parcel Number: 32821018209041
  • Zoning Description: Commercial

Tax Info

  • Tax Amount Summer: 17164.00
  • Tax Amount Winter: 2299.00
  • Tax Annual Amount: 19463.00

Multi Family

  • Above Grade Finished Area Units: SquareFeet

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/12/2026 09/12/26 For Sale $1,599,999 -- $177 / Sq Ft
Source: Realcomp

Source: Realcomp

MLS Number: 20261074286

Realcomp
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