Storefront Retail
For Lease
$1,200/Mo
16895 Schaefer Highway, Detroit, MI 48235
Commercial Lease, Detroit, MI
Space Size1,400 SF
Lot Size0.03 Acres
Days on Market727
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
(313) 215-9000
Added: Oct 23, 2024
Changed: Oct 2
Last Checked: Oct 19 at 9:06PM
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.
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Investment Insights
Based on property information with market context.
This 1,400-square-foot storefront retail space was constructed in 1954 and retains its original tile, ceiling, wall finishes, and plumbing fixtures. The layout includes separate men’s and women’s restrooms, a forced-air furnace, and no central air conditioning. Multiple strips of wall outlets and a newer electrical panel support equipment-intensive retail operations.
The property is located at 16895 Schaefer Highway in Detroit, Michigan, on a 0.03-acre parcel. Electricity is available, and the existing restroom configuration may be adapted for barrier-free compliance. The premises also include a fireplace and plumbing infrastructure that remains in place from the original construction.
The property is located at 16895 Schaefer Highway in Detroit, Michigan, on a 0.03-acre parcel. Electricity is available, and the existing restroom configuration may be adapted for barrier-free compliance. The premises also include a fireplace and plumbing infrastructure that remains in place from the original construction.
Key Highlights
- 1,400‑square‑foot storefront retail space
- Constructed in 1954 with original tile, ceilings, walls, and plumbing fixtures
- Newer electrical panel with multiple strips of wall outlets
Property Analytics
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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
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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 37% below the average of $16.46 /SF/Yr.
Vacancy Rate% for Retail in Detroit, MI
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 - Street-level retail space with existing plumbing, upgraded electrical service, and forced-air heating.
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‑square‑foot storefront retail space; Constructed in 1954 with original tile, ceilings, walls, and plumbing fixtures; Newer electrical panel with multiple strips of wall outlets
