15090 Schaefer Detroit, MI ^$ 200,000

15090 Schaefer

^$ 200,000

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15090 Schaefer

Detroit, MI, 48227

^$ 200,000

Bedrooms-- Baths-- Sq 1,716

Monthly Estimate*

^$ 1,248

15090 Schaefer, Detroit, MI 48227 - Image 1

Commercial Property for sale in Detroit, MI

for $200,000. This 1,716 square foot building was built on a lot size of 0.09.

Amazing Business Opportunity! This fully-equipped restaurant is ready for a new owner to step in and start operating. All essential equipment is included, making it an ideal choice for entrepreneurs. Please note, all measurements are estimates, and buyers to verify all measurements. Appointments require a 24-hour notice for scheduling. Utilities are currently not active. Don't miss this chance to own and operate your dream restaurant!

Commercial Active

Price

^$ 200,000

Property Type

Commercial

Taxes

^$ 2,957

Style

Commercial/Industrial

Lot Size

0.09

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60363920

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision SCHMIDT ESTATE (PLATS) MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Detroit

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions Traveling east on fenkell turn right schaefer.

City Detroit

Financial Terms Cash Conventional

Legal Description E SCHAEFER 167 & 166SCHMIDT ESTATE SUB L47 P57 PLATS W C R 22/138 40 X 100

DOM 335

Postal Code 48227

Price Per Sq Ft Total AG 116.55

Public Remarks Amazing Business Opportunity! This fully-equipped restaurant is ready for a new owner to step in and start operating. All essential equipment is included

Exterior

Exterior Brick

Frontage 40

Lot Size Area 0.09

Lot Dimensions 40.00 x 100.00

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Nakita Henry

Listing Agent

Exp Realty Main

Broker

nakita.henry@exprealty.com

Affordability Calculator

$1,494

Per Month

Monthly Principal & Interest: $1,248
Monthly Property Taxes: $246
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$498,656

Percent of Sale Price 149%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/6/2025	$200,000	-20.00%	Price Down
3/23/2025	$250,000	-28.57%	Price Down
1/10/2025	$350,000		Listed Price

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15090 Schaefer, Detroit, MI, 48227 is a Commercial Property for sale at $200,000 with 1,716 sqft and a lot size of 0.09. The property's zip code is 48227 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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15090 Schaefer

Commercial Property for sale in Detroit, MI

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