15400-15450 SCHAEFER Road
Detroit, MI, 48227 $ 395,000
Bedrooms-- Baths-- Sq 2,440 Monthly Estimate*
$ 2,464
for $395,000. This 2,440 square foot building was built on a lot size of 0.67.
An outstanding opportunity awaits at 15400 Schaefer Hwy, a versatile and highly visible commercial property situated on a 0.67-acre corner lot with 265 feet of road frontage in the heart of Detroit's active west side corridor. Zoned for light industrial use and offering 2,440 sq. ft. of finished space, this property supports a wide range of business types including retail, office, service, warehouse, and automotive operations. Recently remodeled in 2020, the building features a rubber roof, block exterior, central air, 3-phase and 440-volt power, fire sprinklers, security fencing, video surveillance, and ample on-site and on-street parking, including alley access. Surrounded by established commercial businesses and located just minutes from Grand River Ave, Rosedale Park, and University of Detroit Mercy, this site offers prime exposure and accessibility. With public water and sewer, fenced perimeter, and zoning that allows for outbuildings and sheds, this move-in-ready property is ideal for owner-operators or investors seeking a flexible space in a high-traffic location. This property can also has corner lot that can be purchased additionally. Positioned on a high-visibility corridor, this 0.19-acre vacant lot offers a compelling development opportunity in the heart of Detroit's west side. Featuring 84 feet of paved road frontage, alley access, and public utilities available at the street, the lot is development-ready and enhanced by surrounding sidewalks, street lighting, and a growing commercial corridor. MLS (20250022986)
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FeaturesGeneralHeating Forced Air
Possession At Close
Roof Rubber
Water Public Water
Status Active Active
Year Built 19
Subdivision MONNIER (PLATS)
Water Heater Gas
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Detroit
Zoning Industrial
Sale/Rent For Sale
Status Detail 0
Commercial Features 220 Volt Power 3 Phase Power 440 Volt Power Fence
Area Detroit (82001)
Directions Travel North on Schaefer passed Fenkell building is on the left hand side
City Detroit
Financial Terms Cash Conventional
Legal Description E SCHAEFER 30 THRU 28 MONNIER SUB L37 P12 PLATS W C R 22/104 65.33 IRREG
DOM 233
Price Per Sq Ft Total AG 161.89
Public Remarks An outstanding opportunity awaits at 15400 Schaefer Hwy
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ExteriorExterior Amenities Security Lighting
Frontage 265
Lot Size Area 0.67
Lot Dimensions 265.00 x 110.00
Roads Paved Street
Waterfront Y/N No
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* Excluded FeaturesList Byfadi.dabaja@exprealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,464
- Monthly Property Taxes
- $112
- Monthly 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.
Learn more about how to save NearbyCommerical listings in Detroit, MI
Average List Price $496,505
Percent of Sale Price 26%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/24/2025 | $395,000 | -20.84% | Price Down |
| 4/14/2025 | $499,000 | | Listed Price |