Retail/Office Space For
For Lease
$1,500/Mo
465 S Schaefer Hwy, Detroit, MI 48217
Two commercial units available for lease in high-traffic area.
Space SizeContact for details
Property Size1,500 SF
Lot Size0.34 Acres
Days on Market256
Property Features for 465 S Schaefer Hwy
General Information
Standard status
Active
Size
1,500 SF
Lot size
0.34 Acres
Property subtype
Commercial
Building Details
Building Size
1,500 SF
Year Built
1969
Listing Agency:
Simon & Associates Real Estate
(248) 635-2880
Listed By:
Simon Saleh · License #MI427828
(248) 635-2880
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:42AM
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 Simon & Associates Real Estate
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
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
229
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
Market
Lease Benchmarks for Detroit, MI
$14.67 /SF/Yr
Avg Asking Price
$3–$30 /SF/Yr
Price Range
13,749 SF
Avg Space Size
Vacancy Rate% for Office in Detroit, MI
Questions? Ask Rey
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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
