Storefront Property with
For Lease
$1,200/Mo
16895 Schaefer Highway, Detroit, MI 48235
COMMERCIAL - Detroit, MI
Space Size1,400 SF
Lot Size0.03 Acres
Days on Market682
Property Features for 16895 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
Subdivision
Wayne County - 100
Standard status
Active
APN
22030638-9
Size
1,400 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
W SCHAEFER HWY 32&31 CUMBERLAND INVESTMENT COS ADD TO COLLEGE PARK SUB L52 P71 PLATS, W C R 22/186 40 X 90
Legal Description
W SCHAEFER HWY 32&31 CUMBERLAND INVESTMENT COS ADD TO COLLEGE PARK SUB L52 P71 PLATS, W C R 22/186 40 X 90
Utilities
Utilities
Electricity Available
Heating system
Forced Air
Building Details
Year built
1954
Listing Agency:
Long Realty Group, LLC
(855) 622-7664
Listed By:
Jabari Long · License #79550
(313) 215-9000
Added: Oct 23, 2024
Changed: Aug 4
Last Checked: Sep 4 at 12:06PM
MLS# 24055901
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 1,400-square-foot storefront property was last occupied by Kev's Aquarium. The space retains the original tile, ceiling, walls, and plumbing fixtures as constructed. The building has forced-air heating and a newer electrical panel, along with several strips of wall outlets that were used to power aquarium lights. The property also includes a security cage for the condensing unit through a landlord reimbursement program: the landlord will reimburse 50% of the cost for a new central air conditioning system and the security cage for the condensing unit.
The restroom configuration includes two men’s and women’s restrooms that are not barrier-free. They may be used as two unisex restrooms after being altered to comply with barrier-free restroom requirements.
Additional on-site notes include the presence of a fireplace and two utilities listed as available: electricity.
The restroom configuration includes two men’s and women’s restrooms that are not barrier-free. They may be used as two unisex restrooms after being altered to comply with barrier-free restroom requirements.
Additional on-site notes include the presence of a fireplace and two utilities listed as available: electricity.
Key Highlights
- 1,400 SF storefront space last occupied by Kev's Aquarium
- Original tile, ceiling, walls, and plumbing fixtures retained
- Forced‑air heating plus fireplace
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.54 /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
$15.11 /SF/Yr
Avg Asking Price
$2.85–$38 /SF/Yr
Price Range
5,961 SF
Avg Space Size
This space is priced 32% below the average of $15.11 /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 - A 1,400 SF Detroit storefront built in 1954 with forced-air heat, on-site restrooms, and room for mechanical upgrades.
Where is this storefront property located?
The property is located at 16895 Schaefer Highway Detroit, MI.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: 1,400 SF storefront space last occupied by Kev's Aquarium; Original tile, ceiling, walls, and plumbing fixtures retained; Forced‑air heating plus fireplace
