Retail/Office Space For
465 S Schaefer Hwy, Detroit, MI 48217
For Lease
$1,500/Mo
Two commercial units available for lease in high-traffic area.
Space SizeContact for details
Days on Market348
Property Features for 465 S Schaefer Hwy
General Information
Standard status
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Got Key'D Realty
Listed By:
Simon Saleh · License MI #427828
(248) 635-2880
Source:
Katie-k
Added: Nov 28, 2025
Changed: Oct 25
Last Checked: Oct 7 at 5:25PM
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 Got Key'D Realty
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Investment Insights
Based on property information with market context.
Two commercial units are available for lease in a high-traffic area near the Detroit and Melvindale border. One unit offers approximately 1,000 square feet, suitable for a small office or specialty service. The second unit provides approximately 1,500 square feet and was formerly a bar. The owner is flexible on use, making it suitable for a restaurant, office, or mixed-use business. Both spaces offer excellent visibility and easy access to major roads. The units are surrounded by established businesses. Immediate occupancy is available, presenting an opportunity for a variety of commercial uses.
Key Highlights
- High‑traffic location near Detroit and Melvindale border
- Flexible use for both units (office, restaurant, mixed‑use)
- Immediate occupancy available
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
Explore this area
Business Placement
Demographics for 48217, MI
6,437
Population
3,071
Households
2.1
Avg Household Size
41
Median Age
12%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
2,799
Density / Sq Mi
$46,671
Median Household Income
$33,727
Median Earnings
$1,083
Median Rent
$45,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Detroit, MI
$22.12 /SF/Yr
Avg Asking Price
$5.35–$175 /SF/Yr
Price Range
12,068 SF
Avg Space Size
Average Price Trend$/SF/Yr for Retail space in Detroit, MI
Properties on Market for Retail space in Detroit
Vacancy Rate% for Office in Detroit, MI
Frequently Asked Questions
What type of property is this?
Retail space - Two commercial units available for lease in high-traffic area.
Where is this retail space located?
The property is located at 465 S Schaefer Hwy Detroit, MI.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: High‑traffic location near Detroit and Melvindale border; Flexible use for both units (office, restaurant, mixed‑use); Immediate occupancy available
