www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33653339
33653348

19612 SCHOENHERR Street, Detroit, MI 48205

EH
396565 Michigan
$275,000
338 days on market
Updated 3 days ago

19612 SCHOENHERR Street

Details
APN W21I029538C40
Property Type Mixed Use
Square Footage 4,200
NOI $226,000
Year Built 1959
Acreage 0.160

Mixed Use | 4,200 SqFt

Marketing description

Prime commercial opportunity in Detroit! This 4,200 sq. ft. versatile property at 19612 Schoenherr Street is a fully functional event center with a bar and commercial kitchen. The space is ideal for hosting private parties, corporate events, or community gatherings. Additionally, one side of the building has been converted into a fully equipped barber shop with five chairs available for lease, providing an additional income stream. With ample parking and a high-traffic location, this property offers endless potential for entrepreneurs and investors. Potential Uses for New Owner: Restaurant or Catering Business – Utilize the commercial kitchen to establish a dine-in or carry-out eatery. Nightclub or Lounge – Capitalize on the existing bar and event setup for entertainment. Co-Working or Creative Space – Convert into shared office space, a photography studio, or a content creation hub. Wellness or Beauty Center – Expand on the barber shop concept by adding a nail salon, spa, or beauty services. Community Center or Church – A great location for gatherings, programs, and outreach services. Retail or Specialty Store – Transform the space into a boutique, convenience store, or specialty shop. Don’t miss this incredible investment opportunity! Contact me today for a private showing.
Icon
Powered by Realcomp
Learn More

Listing Contacts

EH
396565 Michigan

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$226,000.00
$18,833.33/mo

Valuation Metrics

0
DSCR
82.18%
Cap Rate
82.18%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591