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Storefront Property with Fenced Parking
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16869 Schaefer Highway, Detroit, MI 48235

Storefront commercial property with upgraded electrical service and two rooftop heating and air conditioning units.

Property SizeContact for details
Days on Market3

Property Features for 16869 Schaefer Highway

General Information

Standard status Active
Listing Agency: Long Realty Group, LLC
Listed By: Jabari Long · License #6505351134
Source: Jimdehaan
Added: Aug 28 Changed: Aug 29 Last Checked: Aug 29 at 6:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Long Realty Group, LLC

Investment Insights

Based on property information with market context.

This storefront commercial property includes upgraded electrical service and two 5-ton rooftop heating and air conditioning units. Drawings are available for a potential child care business, providing a starting point for that specific use.

The property also includes use of a recently paved and fenced adjacent parking lot measuring 2,200 square feet. It is located at 16869 Schaefer Highway in Detroit, Michigan.

Key Highlights

  • 2,200‑square‑foot adjacent parking lot included with the property
  • Recently paved and fenced parking area
  • Two 5‑ton rooftop heating and air conditioning units

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply HVAC Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,265
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use

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

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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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 commercial property with upgraded electrical service and two rooftop heating and air conditioning units.
Where is this storefront property located?
The property is located at 16869 Schaefer Highway Detroit, MI.
What are key features of this property?
This property features: 2,200‑square‑foot adjacent parking lot included with the property; Recently paved and fenced parking area; Two 5‑ton rooftop heating and air conditioning units
More about this property
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