$989,000 for Sale
12700 schaefer, detroit, MI 48227
Property Description
Rare Investment Opportunity â?? 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/Civic/Institutional: Power plants, stadiums, substance abuse facilities, water treatment, etc. Retail/Service/Commercial: Drive-throughs (e.g., banks, fast food), liquor sales (outside CBD), pawnshops, vehicle-related services, entertainment venues, etc. Manufacturing/Industrial: Machine shops, storage facilities, etc., with restrictions near major roads. Other: Marijuana businesses, aquaponics/hydroponics, telecommunications, etc. BATVAI!!
General Information
Sale Price: $989,000
Price/SqFt: $162
Status: Active
MLS#: 048
City: detroit
Post Office: detroit
County: Wayne
Acres: 0.91
Lot Dim: 120.00 x 250
Size: 6,108 sq.ft.
Acreage: 0.91 est.
Year Built: 19
Property Type: Commercial/Industrial
Tax, Fees & Legal
Est. Summer Taxes: $8,522
Est. Winter Taxes: $6,358

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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Abraham Elsheick of Empire Realty Group
This listing last updated: Thu, October 09, 2025 at 9:26:24 PM EDT
MIRealSource Listing Data Last Updated On Thursday, April 2 2026 at 9:45am