15400-15450 SCHAEFER Road Detroit, MI $ 395,000
15400-15450 SCHAEFER Road
$ 395,000
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15400-15450 SCHAEFER Road

Detroit, MI, 48227
$ 395,000
Bedrooms-- Baths-- Sq 2,440

Monthly Estimate*

$ 2,432

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Commercial Property for sale in Detroit, MI

for $395,000. This 2,440 square foot building was built in 1970 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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Commercial Active

Price

$ 395,000

Property Type

Commercial

Taxes

$ 1,341

Style

RealEstateOnly

Lot Size

0.67

Year Built

1970

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20250022969

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Possession AtClose
Roof Rubber
Security Features BuildingSecurity ClosedCircuitCameras ExteriorVideoSurveillance FireSprinklerSystem Firewalls SecurityFence SmokeDetectors
Construction Materials Block
Year Built 1970
Electric Volts220 Power3Phase Volts440
Levels One
Property Subtype RealEstateOnly
Current Use Automotive Commercial MixedUse Office Retail Service Vacant Warehouse
Business Type Commercial ProfessionalOffice Retail Service Warehouse Wholesale
County Wayne
Net Operating Income 9999999.0
Operating Expense 9999999.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name MONNIER (PLATS)
Garage Y/N N
Building Features OutsideLighting Sidewalks
Status Active
Directions Travel North on Schaefer passed Fenkell building is on the left hand side
City DetroitCity_Wayne
Disclosures ConformstoZoning InventoryIncluded
Senior Community Y/N N
High School District Detroit
Zoning Description LightIndustry
MLS Area Area05042Det6TireGrnfldLivernois
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1341.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 14726
TaxOtherAnnualAssessmentAmount 100.0
Expected Active Date 2025-04-14
Legal Description E SCHAEFER 30 THRU 28 MONNIER SUB L37 P12 PLATS W C R 22/104 65.33 IRREG
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Exterior
Fencing Fenced FencingAllowed Perimeter
Parking Features AlleyAccess Lighted ParkingLot OnSite OnStreet Secured
Water Source Public
Lot Size Area 0.67
Foundation Details Slab
Spa N
Building Area Total 2440.0
Lot Dimensions 265.00 x 110.00
Lot Size Acres 0.67
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2440.0
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* Excluded Features
List By
Fadi Dabaja

Listing Agent

Exp Realty Main

Broker

(313) 600-6189

Phone

Affordability Calculator

$2,544
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,432
Monthly Property Taxes
$112
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/24/2025$395,000 -20.84% Price Down
4/15/2025$499,000 Listed Price

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15400-15450 SCHAEFER Road, Detroit, MI, 48227 is a Commercial Property for sale at $395,000 with 2,440 sqft and a lot size of 0.67. 15400-15450 SCHAEFER Road was built in 1970. The property's zip code is 48227 which is in Detroit, MI