Retail
For Lease
$2,250/Mo
16901 Schaefer Highway, Detroit, MI 48235
Commercial Lease, Detroit, MI
Space Size2,800 SF
Lot Size0.06 Acres
Days on Market695
Property Features for 16901 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
Detroit W of Woodward
Subdivision
Wayne County - 100
Standard status
Active
APN
22030635-7
Size
2,800 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
W SCHAEFER HWY 35 THRU 33 CUMBERLAND INVESTMENT COS ADD TO COLLEGE PK SUB L52 P71 PLATS, W C R 22/186 60 X 90
Legal Description
W SCHAEFER HWY 35 THRU 33 CUMBERLAND INVESTMENT COS ADD TO COLLEGE PK SUB L52 P71 PLATS, W C R 22/186 60 X 90
Utilities
Utilities
Electricity Available
Heating system
Forced Air
Building Details
Year built
1948
Listing Agency:
Long Realty Group, LLC
(855) 622-7664
Listed By:
Jabari Long · License #6505351134
(313) 215-9000
Added: Oct 23, 2024
Changed: Sep 12
Last Checked: Sep 17 at 12:06AM
MLS# 24055900
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 2,800-square-foot retail building was constructed in 1948 and is part of a contiguous commercial strip. The property includes forced-air heating, a fireplace, and electricity available at the site. Its B-2 Local Business and Residential District zoning permits businesses subject to applicable use-specific code requirements.
The building has previously served as a church. A prospective social club or event hall use would require the tenant to work with the owner to initiate and complete rezoning before a lease is executed; event-space applications will not be considered without that process.
The building has previously served as a church. A prospective social club or event hall use would require the tenant to work with the owner to initiate and complete rezoning before a lease is executed; event-space applications will not be considered without that process.
Key Highlights
- 2,800‑square‑foot retail building in a contiguous commercial strip
- B‑2 Local Business and Residential District zoning
- Constructed in 1948
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.45 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,265
Businesses Nearby
44k
Monthly Visits Nearby
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
$19.76 /SF/Yr
Avg Asking Price
$5.35–$175 /SF/Yr
Price Range
13,672 SF
Avg Space Size
This space is priced 51% below the average of $19.76 /SF/Yr.
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - B-2-zoned retail space with forced-air heating and available electricity.
Where is this retail space located?
The property is located at 16901 Schaefer Highway Detroit, MI.
What is the lease rate?
The lease rate is $2,250/Mo.
What are key features of this property?
This property features: 2,800‑square‑foot retail building in a contiguous commercial strip; B‑2 Local Business and Residential District zoning; Constructed in 1948
