- For Sale $4,700,000
- Property Type Other
- Property Size 14,247 SF
- Lot Size 3.46 Acre
- Parking Spaces Avail. 200
- Parking Ratio 14.04 / 1,000 SF
- Property Tenancy Single Tenant
- Year Built 1980
- Year Renovated 2020
- Date Updated May 18, 2026
Description
This opportunity is located in a high-density, high-visibility location adjacent to Ford Motor Company’s new Central Campus, near Fairlane Town Center, and just south of The Henry, Autograph Collection. Dearborn is not only a strong location for local living and employment, but also a strategic market for commercial redevelopment and long-term business expansion. The city offers a breadth of cultural, recreational, and educational resources, including museums, colleges, parks, and shopping districts. With neighborhoods that accommodate families, young professionals, and long-time residents, Dearborn combines suburban convenience with access to metro Detroit’s broader amenities. Ford is constructing a new modern headquarters campus nearby, which will house thousands of employees in a state-of-the-art facility with retail, dining, and collaboration spaces — a sign of long-term economic commitment to the city.A rare opportunity to acquire a 3.46-acre infill property in the heart of Dearborn’s premier corporate corridor.
The offering includes a 14,247-square-foot, one-story masonry building originally constructed in 1980 and renovated in 2020, currently operating as the Fairlane Banquet Center. The sale includes all furniture, fixtures, equipment, and transferable licenses, including a liquor license, providing immediate functionality for an event venue operator or hospitality user.
From an owner/user perspective, the property offers a turnkey opportunity to acquire a fully operational event facility in a high-density, high-visibility location adjacent to Ford Motor Company’s new Central Campus, near Fairlane Town Center, and just south of The Henry, Autograph Collection. Beyond its current operation, the true long-term value of the asset lies in its redevelopment potential. The site’s scale, strategic positioning within a major employment hub, and flexible B-2 zoning create the opportunity for higher-density commercial, hospitality, mixed-use, or residential repositioning (subject to municipal approvals).
As Ford Motor Company continues reinvestment in its Dearborn footprint and the Fairlane district evolves, 700 Town Center Drive offers investors and developers the opportunity to align with long-term growth trends in one of Metro Detroit’s most established employment corridors.
Highlights
- 350,348 residents within 5 miles | 107,340 daytime population within 5 miles
- Adjacent to Fairlane Town Center
- All FF&E & liquor license included in sale
- B-2 Zoning supports retail, office, service, hospitality, and entertainment concepts
- Directly north of Ford Motor Company Central Campus
- Immediate access to Michigan Avenue and major regional thoroughfares
- Rare large 3.46-acre parcel within an established commercial district
- Redevelopment & Repositioning Upside
- Turnkey Event Center Operation or Redevelopment Opportunity
False
Contacts
Mike Gunn
P.A. Commercial
Location
Located at Town Center Drive, Dearborn, MI 48126, this property is part of the Fairlane Town Center neighborhood and Detroit market.
Contact Listing Broker
Mike Gunn
P.A. Commercial