465-471 S Schaefer Hwy - Freestanding FOR SALE


Detroit, MI 48217
$699,999 USD
248-635-2880
465-471 S Schaefer Hwy, Detroit, MI for Sale
$699,999 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

465-471 S Schaefer Hwy
Detroit, MI 48217


HIGHLIGHTS

  • Freestanding 7,500 SF commercial building
  • Prime corner location on Schaefer Road
  • M4 Industrial zoning allowing multiple commercial uses

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$699,999 USD

PRICE/SF

$93 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Drug Store, Storefront, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

M4

APN/PARCEL ID

20-017996-002

ASK ABOUT THIS PROPERTY

Simon SalehSimon & Associates Real EstateMore Info
248-635-2880

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Simon SalehSimon & Associates Real EstateMore Info
248-635-2880

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.