Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    19331 Schoolcraft Detroit, MI 48223

    For Sale
    $149,900

    Two-parcel commercial building with rehabbed salon and blank canvas unit.

    Lot size:
    0.09 Acres

    Property Features for 19331 Schoolcraft

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1951

    Source: C Miles Realty LLC Agent Charvez C Miles

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

    Overview

    Commercial Building on Schoolcraft Road

    This commercial building, situated on Schoolcraft Road, includes two parcels. One parcel, located at 19335 Schoolcraft, features a completely renovated, fully furnished, and operational beauty salon, complete with equipment, a kitchen, and a bathroom with a shower, making it a turnkey business opportunity. The main unit is a blank canvas that has previously served as a photography studio, office space, recording studio, and retail space. Each unit is equipped with separate utilities and individual, newer HVAC systems. The property provides curbside parking in the front and a newer poured slab behind the building. Located between the Rosedale-Grandmont sub to the east and Brightmoor to the west, it is also situated minutes away from I96 freeway, downtown Detroit, and the city of Redford. The seller anticipates a new business could be started by the first quarter of 2026.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2315449
    Latitude
    42.3860776

    Nearby Similar for Sale

    • $4,500,000
      48,336 SF

      Detroit Multifamily Investment Opportunity

      Sixty-unit apartment complex near Dearborn, generating nearly $50,000 monthly.
      15860 Joy Rd, Detroit, MI 48228
      View Details
    • $4,500,000
      36,221 SF

      Detroit Multifamily Investment Opportunity

      Sixty-unit multifamily property in Detroit's Oakman Boulevard neighborhood.
      15860 Joy Rd, Detroit, MI 48228
      View Details
    • $2,238,350
      24,912 SF

      Detroit Investment Property Package Deal

      Package deal featuring tenant-occupied and vacant homes in Detroit.
      326 Eastlawn St, Detroit, MI 48215
      View Details
    • $425,000
      6,616 SF

      Farwell Commercial/Industrial Property For Sale

      Office, business center, and bay garages in Farwell, Michigan.
      2655 W Ludington Dr, Farwell, MI 48622
      View Details
    • New
      $345,000
      0.12 Acres

      Detroit Duplex in Boston-Edison

      Well-maintained duplex with strong rental potential in Historic Boston-Edison.
      1665 Atkinson St, Detroit, MI 48206
      View Details
    • $1,499,000
      3,800 SF

      Turn-Key Dispensary on Large Lot

      Fully licensed dispensary with drive-thru and ample parking for sale.
      5540 E 8 Mile Rd E, Detroit, MI 48091
      View Details

    FAQs

    What type of property is this?
    Retail space - Two-parcel commercial building with rehabbed salon and blank canvas unit.
    Where is this retail space located?
    The property is located at 19331 Schoolcraft Detroit, MI.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - Includes a completely rehabbed, fully furnished, and functioning beauty salon with equipment, kitchen, bath & shower - a turn-key business opportunity.; - Two-parcel commercial building with separate utilities and newer HVAC systems for each unit.; - Main unit offers a versatile blank canvas suitable for various businesses.
    (313) 912-6694
    Request Owner's contact information
    19331 Schoolcraft Detroit, MI 48223
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    19331 Schoolcraft
    Detroit, MI 48223
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    19331 Schoolcraft Detroit, MI 48223
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.