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33650834
33650835

15400-15450 SCHAEFER RD, Detroit, MI 48227

FD
MI 6506045188
Exp Realty, LLC
AA
MI 6501294150
Exp Realty
Listed by Exp Realty, LLC, Exp Realty
$395,000
431 days on market
Updated 3 days ago

15400-15450 SCHAEFER RD

Details
APN W22I029960C2
Property Type Office, Retail (+2)
Sub Type Executive Office, Storefront (+5)
Square Footage 2,440
NOI $9,999,999
Year Built 1970
Acreage 0.670

Office | 2,440 SqFt

Marketing description

An outstanding opportunity awaits at 15400 Schaefer Hwy, a versatile and highly visible commercial property situated on a 0.67-acre corner lot with 265 feet of road frontage in the heart of Detroit’s active west side corridor. Zoned for light industrial use and offering 2,440 sq. ft. of finished space, this property supports a wide range of business types including retail, office, service, warehouse, and automotive operations. Recently remodeled in 2020, the building features a rubber roof, block exterior, central air, 3-phase and 440-volt power, fire sprinklers, security fencing, video surveillance, and ample on-site and on-street parking, including alley access. Surrounded by established commercial businesses and located just minutes from Grand River Ave, Rosedale Park, and University of Detroit Mercy, this site offers prime exposure and accessibility. With public water and sewer, fenced perimeter, and zoning that allows for outbuildings and sheds, this move-in-ready property is ideal for owner-operators or investors seeking a flexible space in a high-traffic location. This property can also has corner lot that can be purchased additionally. Positioned on a high-visibility corridor, this 0.19-acre vacant lot offers a compelling development opportunity in the heart of Detroit’s west side. Featuring 84 feet of paved road frontage, alley access, and public utilities available at the street, the lot is development-ready and enhanced by surrounding sidewalks, street lighting, and a growing commercial corridor. MLS (20250022986)
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Listing Contacts

FD
MI 6506045188
Exp Realty, LLC
AA
MI 6501294150
Exp Realty
Listed by Exp Realty, LLC, Exp Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$9,999,999.00
$833,333.25/mo

Valuation Metrics

0
DSCR
2,531.65%
Cap Rate
2,531.65%
ROI

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Additional Information

Name
Fadi Dabaja
License
6506045188
Brokerage
EXP Commercial
Brokerage Phone
3136006189
Title
Broker
Brokerage Address
39555 Orchard Hill Place
Name
AL Abdallah
License
6501294150
Brokerage
EXP Realty LLC
Brokerage Phone
3137185000
Brokerage Address
39555 Orchard Hill Place
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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