Storefront Retail Space with Rooftop
For Lease
$4,500/Mo
16869 Schaefer Highway, Detroit, MI 48235
COMMERCIAL - Detroit, MI
Space SizeContact for details
Lot Size0.04 Acres
Days on Market778
Property Features for 16869 Schaefer Highway
General Information
Property type
Commercial Lease
Property subtype
Retail
Fireplace
1
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
Cumberland Inv Cos Add To College Park
Subdivision
Wayne County - 100
Standard status
Active
APN
22030645.
Size
4,755 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
W SCHAEFER HWY TRIANG PT OF 27 BG S 1.95 FT ON W LINE & 90 FT ON S LINE ALL LOTS 26&25 ALSO 24 EXC S 0.56 FT ON E LINE BG S 2.44 FT ON W LINE CUMBERLAND INVESTMENT COS SUB L52 P71 PLATS, W C R 22/186 59.44 IRREG
Legal Description
W SCHAEFER HWY TRIANG PT OF 27 BG S 1.95 FT ON W LINE & 90 FT ON S LINE ALL LOTS 26&25 ALSO 24 EXC S 0.56 FT ON E LINE BG S 2.44 FT ON W LINE CUMBERLAND INVESTMENT COS SUB L52 P71 PLATS, W C R 22/186 59.44 IRREG
Utilities
Utilities
Electricity Available
Heating system
Forced Air
Amenities
upgraded electrical service
rooftop heating and air conditioning units
paved and fenced parking lot
Building Details
Year built
1949
Listing Agency:
Long Realty Group, LLC
(855) 622-7664
Listed By:
Jabari Long · License #6502351135
(313) 215-9000
Added: Jul 6, 2024
Changed: Aug 4
Last Checked: Aug 22 at 10:06AM
MLS# 24034334
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
16869 Schaefer Highway in Detroit, MI offers a storefront retail space suited for a range of commercial uses. The building is 4,755 SF and was built in 1949. The property features forced-air heating, a fireplace, upgraded electrical service inside the building, and two 5-ton rooftop heating and air conditioning units.
The lease includes use of an adjacent 2,200 SF recently paved and fenced parking lot. Utilities include electricity available. For those interested in opening a child care business, drawings are available to use.
For leasing qualification, the landlord requires a rental application and a full credit report showing all scores, dated within the last 30 days, along with a personal guarantee.
The lease includes use of an adjacent 2,200 SF recently paved and fenced parking lot. Utilities include electricity available. For those interested in opening a child care business, drawings are available to use.
For leasing qualification, the landlord requires a rental application and a full credit report showing all scores, dated within the last 30 days, along with a personal guarantee.
Key Highlights
- 4,755 SF storefront building built in 1949
- Adjacent 2,200 SF recently paved and fenced parking lot included with the lease
- Two 5‑ton rooftop heating and air conditioning units
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,265
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 48%
Burger King
Dining
13,308 visits/mo
0.1 miles
KFC
Dining
8,087 visits/mo
0.1 miles
Valero Energy
Shops & Services
6,757 visits/mo
0.5 miles
Sunoco
Shops & Services
5,693 visits/mo
0.5 miles
Mobil
Shops & Services
4,163 visits/mo
0.5 miles
Demographics for 48235, MI
45,188
Population
20,946
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
7,288
Density / Sq Mi
$41,011
Median Household Income
$31,545
Median Earnings
$1,151
Median Rent
$79,400
Median Home Value
Market
Lease Benchmarks for Detroit, MI
$15.24 /SF/Yr
Avg Asking Price
$3–$32.73 /SF/Yr
Price Range
4,463 SF
Avg Space Size
This space is priced 25% below the average of $15.24 /SF/Yr.
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Similar Off Market Nearby
- Brittani's Flower & Gifts — 16159 Meyers Rd, Detroit, MI 48235
- Bob Farr's Florist — 14149 W McNichols Rd, Detroit, MI 48235
Frequently Asked Questions
What type of property is this?
Storefront property - Storefront space with upgraded electrical service, two rooftop HVAC units, forced-air heat, and an adjacent paved, fenced parking lot.
Where is this storefront property located?
The property is located at 16869 Schaefer Highway Detroit, MI.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: 4,755 SF storefront building built in 1949; Adjacent 2,200 SF recently paved and fenced parking lot included with the lease; Two 5‑ton rooftop heating and air conditioning units
