$989,000 for Sale
12700 schaefer highway, detroit, MI 48227
Property Description
Rare Investment Opportunity – Motivated Seller! Unlock the potential of 12700 Schaefer—a prime commercial and newly paved with full kitchen in basement , industrial property featuring three parcels in one sale! The north section is zoned B4 (business), while the south section is zoned M2 (industrial), making it an exceptional opportunity for investors, developers, and business owners. Located in a high-traffic area with easy access to major roads and highways, this versatile property is ideal for retail, office space, warehouses, manufacturing, or redevelopment projects. The seller is highly motivated, so don’t miss this rare chance to secure a valuable multi-use property in Dearborn! ?? Bring your best offer today! BATVAI!! Key Elements: ? By-Right Uses (Permitted without special approval, but some may require site plan review): Residential Uses: Assisted living, dormitories, shelters, lofts (with conditions), and mixed-use residential. Public, Civic, Institutional: Schools, libraries, religious institutions, hospitals, daycare ,museums, etc. Retail, Service, Commercial: Art galleries, banks (without drive-through), restaurants (with restrictions), offices, pet shops, salons, etc. Manufacturing & Industrial: Low/medium-impact manufacturing, food catering, trade services, jewelry making, etc. Other: Antennas, greenhouses, marinas, urban farms/gardens, farmers markets. ?? Conditional Uses : Emergency shelters, fraternities, single/two-family dwellings, townhouses, etc. Public
General Information
Sale Price: $989,000
Price/SqFt: $162
Status: Active
MLS#: 20251044381
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 0.91
Lot Dimensions: 120.00 x 250
Size: 6,108 sq.ft.
Acreage: 0.91 est.
Year Built: 1977
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $8,522
Est. Winter Taxes: $6,358

IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd., ©2025 Realcomp II Ltd. Shareholders
Listing By: Abraham Elsheick of Empire Realty Group, Phone: (313) 846-0960