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About This Home

This 0-bedroom, 0-bathroom commercial at 12700 Schaefer Highway in Detroit, MI is listed for $989,000 ($162 per sqft). Built in 1977, the home offers 6,108 sqft of living space on a 0.91 acres lot.

Agent Description

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!!

Key Features

  • Built in 1977
  • 0.91 acre lot

Property Details

1977

Monthly Cost Estimate

$5,289/mo

20% down · 6.5% · 30 years

Principal$715
Interest$4,286
Insurance$288

Estimates only. Actual payments may vary.

Location

12700 Schaefer Highway

Detroit, MI 48227

Property Details

Construction

BlockBrick

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 12700 Schaefer Highway is listed at $989,000 ($162/sqft). The estimated monthly payment is $4,286 based on 20% down at 6.5% interest.

Key features include: Built in 1977, 0.91 acre lot.

This property is listed by Abraham Elsheick and can be reached at 3138460960 or aelsheick@gmail.com.

AE

Abraham Elsheick

Agent at Empire Realty Group

(313) 846-0960

Listed by Empire Realty Group · View on Broker Site

MLS# 20251044381· Source: listhub· Updated 235 days ago

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12700 Schaefer Highway, Detroit, MI 48227

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