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*

$ 6,170

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Commercial Property for sale in Detroit, MI

for $989,000. This 6,108 square foot building was built 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

Commercial/Industrial

Lot Size

0.91

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60944048

Features
General
Possession At Close
Water Public Water
Status Active Active
Year Built 19
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Detroit
Zoning Mixed Use Commercial Industrial
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Detroit (82001)
Primary City Detroit
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 Detroit
Financial Terms Cash Conventional
Legal Description E SCHAEFER HWY 1 THRU 3 PARENTS SUB L35 P74 PLATS W C R 22/111 120 X 156
DOM 55
Postal Code 48227
Price Per Sq Ft Total AG 161.92
Public Remarks Rare Investment Opportunity – Motivated Seller! Unlock the potential of 12700 Schaefer - a prime commercial and newly paved with full kitchen in basement
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Exterior
Exterior Brick
Frontage 250
Lot Size Area 0.91
Lot Dimensions 120.00 x 250
Roads Class A
Waterfront Y/N No
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* Excluded Features
List By
Abraham Elsheick

Listing Agent

Empire Realty Group

Broker

aelsheick@gmail.com

Email

Affordability Calculator

$7,410
Per Month
83%
17%
0%
Monthly Principal & Interest
$6,170
Monthly Property Taxes
$1,240
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.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
760529 Elementary School
760235 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. The property's zip code is 48227 which is in Detroit, MI