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The Shops at Schaefer Park 2300 S Schaefer Hwy 6,600 SF 100% Leased Retail Building Detroit, MI 48217 $584,797 CAD ($88.61 CAD/SF)

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Executive Summary

For only $499,000! Shopping Center 6,600 sqft free standing 4 unit strip mall on a large corner lot built in 2002! Huge parking lot with 30+ spaces, one of four units is occupied with tenant on a month to month lease & is willing to stay in the space, zoned B4, possible uses include retail space, bakery, blueprinting shop, nail/hair salon, office space, etc, property is close to I-75 & City of Melvindale, easy showings, all data apx.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,600 SF
Building Class
C
Year Built
2002
Price
$584,797 CAD
Price Per SF
$88.61 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.60 AC
Zoning
B4 - Business
Parking
32 Spaces (4.85 Spaces per 1,000 SF Leased)
Frontage
235’ on Schaefer Hwy

Amenities

  • Security System
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • KQ Event Studio
  • Services
  • -
  • -
  • Modified Gross
  • -
  • Treetop Therapy
  • Health Care and Social Assistance
  • -
  • $13.71 CAD
  • Modified Gross
  • Mar 2018
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
KQ Event Studio Services - - Modified Gross -
Treetop Therapy Health Care and Social Assistance - $13.71 CAD Modified Gross Mar 2018

Property Taxes

Property Taxes

Parcel Number
20-018097-104
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$364,019 CAD
  • Listing ID: 36288650

  • Date on Market: 2025-06-17

  • Last Updated:

  • Address: 2300 S Schaefer Hwy, Detroit, MI 48217

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