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12700 Schaefer Hwy 10,000 SF Specialty Building Offered at $989,000 in Detroit, MI 48227
Investment Highlights
- Multi-parcel sale featuring B4 (Business) and M2 (Industrial) zoning for diverse development options.
- Recently upgraded with new paving and additional operational features for accelerated occupancy potential.
- Suitable for a wide range of applications, including office, retail, warehousing, and manufacturing.
- High-visibility location with immediate access to Detroit’s major roads and freeway connections.
- Strong area business corridor supported by industrial, retail, and mixed-use activity.
- Motivated seller presents favorable conditions for investors and developers.
Executive Summary
12700 Schaefer Highway represents a rare multi-use investment opportunity in a high-traffic Detroit corridor. This property comprises three contiguous parcels with zoning split between B4 for business and M2 for industrial, creating a versatile environment for retail, office, warehouse, manufacturing, or redevelopment projects. Its dual zoning profile adds exceptional flexibility, attracting both commercial operators and developers seeking adaptive reuse potential.
The site benefits from proximity to major roadways and thoroughfares, ensuring smooth access and strong regional connectivity. Recent improvements, including newly paved areas and a full kitchen in the basement, enhance operational usability while lowering development timelines. This offering is suitable for owners exploring mixed-use concepts or investors targeting industrial expansion within Detroit’s resilient market. With a motivated seller and strategic Detroit positioning, the property signals a high-value acquisition opportunity for stakeholders seeking long-term growth and adaptability in a dynamic urban setting.
The site benefits from proximity to major roadways and thoroughfares, ensuring smooth access and strong regional connectivity. Recent improvements, including newly paved areas and a full kitchen in the basement, enhance operational usability while lowering development timelines. This offering is suitable for owners exploring mixed-use concepts or investors targeting industrial expansion within Detroit’s resilient market. With a motivated seller and strategic Detroit positioning, the property signals a high-value acquisition opportunity for stakeholders seeking long-term growth and adaptability in a dynamic urban setting.
Property Facts
| Price | $989,000 | Lot Size | 0.43 AC |
| Price Per SF | $98.90 | Building Size | 10,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1977 |
| Property Subtype | Religious Facility | Parking Ratio | 3.8/1,000 SF |
| Building Class | C | ||
| Zoning | B4 - Business | ||
| Price | $989,000 |
| Price Per SF | $98.90 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 10,000 SF |
| No. Stories | 1 |
| Year Built | 1977 |
| Parking Ratio | 3.8/1,000 SF |
| Zoning | B4 - Business |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 22-0298013 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $112,900 |
Property Taxes
Parcel Number
22-0298013
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$112,900
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12700 Schaefer Hwy