12700 Schaefer Highway Detroit, MI $ 989,000
12700 Schaefer Highway
$ 989,000
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12700 Schaefer Highway

Detroit, MI, 48227
$ 989,000
Bedrooms-- Baths-- Sq 6,108

Monthly Estimate*

$ 6,089

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Commercial Property for sale in Detroit, MI

for $989,000. This 6,108 square foot building was built in 1977 on a lot size of 0.91.

Rare Investment Opportunity – Motivated Seller! Unlock the potential of 12700 Schaefer—a prime commercial and newly paved with full kitchen in basement , industrial property featuring three parcels in one sale! The north section is zoned B4 (business), while the south section is zoned M2 (industrial), making it an exceptional opportunity for investors, developers, and business owners. Located in a high-traffic area with easy access to major roads and highways, this versatile property is ideal for retail, office space, warehouses, manufacturing, or redevelopment projects. The seller is highly motivated, so don’t miss this rare chance to secure a valuable multi-use property in Dearborn! ?? Bring your best offer today! BATVAI!! Key Elements: ? By-Right Uses (Permitted without special approval, but some may require site plan review): Residential Uses: Assisted living, dormitories, shelters, lofts (with conditions), and mixed-use residential. Public, Civic, Institutional: Schools, libraries, religious institutions, hospitals, daycare ,museums, etc. Retail, Service, Commercial: Art galleries, banks (without drive-through), restaurants (with restrictions), offices, pet shops, salons, etc. Manufacturing & Industrial: Low/medium-impact manufacturing, food catering, trade services, jewelry making, etc. Other: Antennas, greenhouses, marinas, urban farms/gardens, farmers markets. ?? Conditional Uses : Emergency shelters, fraternities, single/two-family dwellings, townhouses, etc. Public/Civic/Institutional: Power plants, stadiums, substance abuse facilities, water treatment, etc. Retail/Service/Commercial: Drive-throughs (e.g., banks, fast food), liquor sales (outside CBD), pawnshops, vehicle-related services, entertainment venues, etc. Manufacturing/Industrial: Machine shops, storage facilities, etc., with restrictions near major roads. Other: Marijuana businesses, aquaponics/hydroponics, telecommunications, etc. BATVAI!!

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Commercial Active

Price

$ 989,000

Property Type

Commercial

Taxes

$ 14,880

Style

RealEstateOnly

Lot Size

0.91

Year Built

1977

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251044381

Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Block Brick
Year Built 1977
Property Subtype RealEstateOnly
Current Use PlaceOfWorship
County Wayne
Net Operating Income 1.0
Operating Expense 1.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Walking distance from I-96 Property is less than a block south of I-96 on the south east block of Schaefer and I-96
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial LightIndustry Multiple
MLS Area Area05034DetJoySchoolcraftGrnfldLimits
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 14880.0
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 Owner
Tax Assessed Value 112900
Expected Active Date 2025-10-09
Legal Description E SCHAEFER HWY 1 THRU 3 PARENTS SUB L35 P74 PLATS W C R 22/111 120 X 156
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Exterior
Water Source Public
Foundation Details Basement Block
Spa N
Building Area Total 6108.0
Lot Dimensions 120.00 x 250
Lot Size Acres 0.91
Waterfront Y/N N
Road Frontage Type ClassA
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 6108.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 12700
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* Excluded Features
List By
Abraham Elsheick

Listing Agent

Empire Realty Group

Broker

(313) 445-6002

Phone

Affordability Calculator

$7,329
Per Month
83%
17%
0%
Monthly Principal & Interest
$6,089
Monthly Property Taxes
$1,240
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
10/10/2025$989,000 Listed Price

Map


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12700 Schaefer Highway, Detroit, MI, 48227 is a Commercial Property for sale at $989,000 with 6,108 sqft and a lot size of 0.91. 12700 Schaefer Highway was built in 1977. The property's zip code is 48227 which is in Detroit, MI