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    14906 Schaefer Hwy Detroit, MI 48227

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    For Lease
    Contact for pricing

    Bar/Restaurant space for lease with included kitchen and appliances.

    Property size:
    3,000 SF
    Lot size:
    0.09 Acres

    Property Features for 14906 Schaefer Hwy

    General Information

    Size
    3,000 SF
    Lot size
    0.09 Acres

    Source: Exclusive Realty Agent Terry Edmondson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bar/Restaurant Space Available

    This property offers 3,000 square feet of space situated on a 15,000-square-foot lot. It is suitable for use as a bar or restaurant. The property includes a bar with a Class "C" Liquor License, as well as a kitchen with appliances. The location benefits from high visibility, with over 11,000 vehicles passing by daily.
    Insight Report Location Intelligence

    Current Use by Public Records

    New'D Up Toya's ... Bar & Grill Toyas Bar & Grill

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Verdell's Lounge, Downstairs Detroit by CBQ, Mr C's, Mays Market, Johnson Bar & Grill

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1786309
    Latitude
    42.3987939

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    FAQs

    What type of property is this?
    Bar - Bar/Restaurant space for lease with included kitchen and appliances.
    Where is this bar located?
    The property is located at 14906 Schaefer Hwy Detroit, MI.
    What are key features of this property?
    This property features: - Over 11,000 Vehicles Per Day; - +3,000 square feet on 15,000 square feet of Land; - Bar with Class "C" Liquor License
    (313) 243-9013
    Request Owner's contact information
    14906 Schaefer Hwy Detroit, MI 48227
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    Detroit, MI 48227
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14906 Schaefer Hwy Detroit, MI 48227
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