$699,900 for Sale
14225 schaefer, detroit, MI 48227
Property Description
Unlock the potential of this expansive 44,000 square foot industrial building, located in the heart of Detroit's industrial corridor and priced at well below market value — under $16 PSF. Whether you're seeking a long-term investment, redevelopment opportunity, or a versatile space for your own operations, this property delivers both functionality and upside. Key Features: 44,000 SF of flexible, subdividable industrial space 13’ ceiling height clearance Private, fully fenced lot with new automated security gates Newly upgraded electrical system Firewalled multi-unit layout allows for multi-tenant income or full reconfiguration into a single expansive space Centrally located with immediate access to major highways, downtown Detroit, and the Canada border Incredible Value-Add Investment Opportunity This property is a rare find at less than $16 per square foot, making it one of the most competitively priced industrial assets in the Detroit market. Add value by leasing out individual bays or repositioning the property as a self-storage facility, warehouse distribution hub, or specialized processing space. The low price per foot leaves plenty of room for capital improvements while still keeping your basis far below market average. Positioned in an area seeing industrial resurgence — strong growth potential and urban logistics demand. Ideal Uses Include: Self-Storage Facility Warehouse / Distribution Manufacturing / Processing Commercial Commissary / Production Kit
General Information
Sale Price: $699,900
Price/SqFt: $16
Status: Active
MLS#: 20251051541
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 1.78
Lot Dimensions: 567x140
Size: 43,848 sq.ft.
Acreage: 1.78 est.
Year Built: 1950
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $27,252
Est. Winter Taxes: $3,323

IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd., ©2025 Realcomp II Ltd. Shareholders
Listing By: Maurice Khalifa of Realty Executives Home Towne, Phone: (586) 726-4600