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Flexible Office and Restaurant Units
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465 S Schaefer Highway, Detroit, MI 48217

Two lease spaces near the Detroit–Melvindale border offer flexible use options with high-traffic visibility and major-road access.

Space Size1,500 SF
Property Size2,500 SF
Days on Market367

Property Features for 465 S Schaefer Highway

General Information

Standard status Active
Size 1,500 SF
Property subtype Restaurant, Retail

Building Details

Year Built 1969
Listing Agency: Simon & Associates Real Estate
Listed By: Simon Saleh · License #MI427828
Source: Crexi
Added: Aug 4, 2025 Changed: Jul 10 Last Checked: Aug 5 at 8:21AM

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 is approximately 1,000 square feet and is suited to a small office or specialty service use. The second unit is approximately 1,500 square feet and was formerly a bar; the owner is flexible on use, allowing it to work as a restaurant, office, or mixed-use business.

Both spaces are described as having excellent visibility and easy access to major roads. The units are surrounded by established businesses, supporting a steady walk-in and drive-by environment for a variety of tenants.

Immediate occupancy is available, which can help shorten the timeline for a qualifying operator. The smaller suite may fit companies looking for a straightforward office or service location, while the larger former bar space may be a practical choice for a concept that needs more open capacity or a flexible layout. BATVAI.

Key Highlights

  • Two commercial units available for lease near the Detroit–Melvindale border
  • 1,000 SF unit suitable for small office or specialty service use
  • 1,500 SF unit formerly a bar; owner is flexible on use for restaurant, office, or mixed‑use

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Dental Office Parking Lot & Garage HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

229
Businesses Nearby

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

$17.47 /SF/Yr
Avg Asking Price
$3.25–$85.71 /SF/Yr
Price Range
41,208 SF
Avg Space Size

Vacancy Rate% for Office in Detroit, MI

11.9% 2019
13.9% 2020
15.2% 2021
17.9% 2022
20.3% 2023
22% 2024
19.5% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Two lease spaces near the Detroit–Melvindale border offer flexible use options with high-traffic visibility and major-road access.
Where is this office units located?
The property is located at 465 S Schaefer Highway Detroit, MI.
What are key features of this property?
This property features: Two commercial units available for lease near the Detroit–Melvindale border; 1,000 SF unit suitable for small office or specialty service use; 1,500 SF unit formerly a bar; owner is flexible on use for restaurant, office, or mixed‑use
(248) 635-2880 Call to check price and availability
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