465 S Schaefer Highway
Detroit, MI, 48217 $ 799,999
Bedrooms-- Baths-- Sq 7,419 Monthly Estimate*
$ 5,051
for $799,999. This 7,419 square foot building was built on a lot size of 0.34.
Rare opportunity to acquire a freestanding 7,500 SF commercial building on a highly visible corner parcel at Schaefer Highway and Oakwood Boulevard in Southwest Detroit. Zoned M-4 (Intensive Industrial District), this versatile property is ideal for owner-users, investors, manufacturers, contractors, distributors, automotive businesses, warehouses, showrooms, retail uses (subject to municipal approval), and cannabis-related operations where permitted. Currently in shell condition, the building offers a blank canvas for customization to meet your operational needs. The property features approximately 25 newly paved parking spaces, an overhead door, excellent frontage on both Schaefer Highway and Oakwood Boulevard, and outstanding visibility in one of Detroit's premier industrial corridors. Strategically located directly across from the Marathon Petroleum Refinery, just minutes from the Ford Rouge Complex, and only 12 minutes from Downtown Detroit. The property sits between I-75 and I-94, offers convenient access to I-96, and is the first exit off I-75 from the new Gordie Howe International Bridge, providing exceptional regional and international connectivity. This location is ideal for construction trades, electrical, plumbing, HVAC, logistics, manufacturing, warehousing, distribution, fleet operations, and businesses serving the Southwest Detroit industrial market. Conveniently positioned near Dearborn, Melvindale, and other major Wayne County communities, this property offers outstanding accessibility, flexibility, and long-term investment potential
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FeaturesGeneralPossession At Close
Water Public Water
Status Active Active
Year Built 19
Subdivision Metes & Bounds Descriptio N-Sub N/A MI
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Detroit
Zoning Mixed Use Commercial
Sale/Rent For Sale
Status Detail 0
Area Detroit (82001)
Primary City Detroit
Directions E of Oakwood Blvd
City Detroit
Financial Terms Cash Conventional
Legal Description
DOM 2
Postal Code 48217
Price Per Sq Ft Total AG 107.83
Public Remarks Rare opportunity to acquire a freestanding 7
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ExteriorExterior Brick
Frontage 70
Lot Size Area 0.34
Lot Dimensions 70X210.86
Roads Paved Street
Waterfront Y/N No
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $5,051
- Monthly Property Taxes
- $721
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $468,573
Percent of Sale Price 41%
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 |
|---|
| 8/25/2026 | $799,999 | | Listed Price |