Storefront Space with Fenced
For Lease
$4,500/Mo
16869 Schaefer Highway, Detroit, MI 48235
Commercial Lease, Detroit, MI
Space SizeContact for details
Lot Size0.04 Acres
Days on Market824
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
two 5-ton rooftop HVAC units
drawings for child care business
paved and fenced parking lot
Building Details
Year built
1949
Listing Agency:
Long Realty Group, LLC
(855) 622-7664
Listed By:
Jabari Long · License #6505351134
(313) 215-9000
Added: Jul 6, 2024
Changed: Oct 2
Last Checked: Oct 7 at 10:06PM
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.
This 4,755-square-foot storefront property was built in 1949 and includes upgraded electrical service. Building systems include two 5-ton rooftop heating and air conditioning units, with forced-air heating also identified. Drawings are available for a potential child care business.
The lease includes use of a recently paved, fenced 2,200-square-foot parking lot adjacent to the building. The property is located at 16869 Schaefer Highway in Detroit, Michigan, with electricity available.
The lease includes use of a recently paved, fenced 2,200-square-foot parking lot adjacent to the building. The property is located at 16869 Schaefer Highway in Detroit, Michigan, with electricity available.
Key Highlights
- 4,755‑square‑foot storefront property
- Adjacent 2,200sq.ft. recently paved and fenced parking lot
- Two 5‑ton rooftop heating and air conditioning units
Property Analytics
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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
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Market
Lease Benchmarks for Detroit, MI
$16.46 /SF/Yr
Avg Asking Price
$5.35–$35 /SF/Yr
Price Range
5,755 SF
Avg Space Size
This space is priced 31% below the average of $16.46 /SF/Yr.
Vacancy Rate% for Retail in Detroit, MI
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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 - Commercial storefront space includes adjacent paved, fenced parking and upgraded electrical service.
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‑square‑foot storefront property; Adjacent 2,200sq.ft. recently paved and fenced parking lot; Two 5‑ton rooftop heating and air conditioning units
