MLS # 20251044381 (Realcomp)

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/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!!
Source: SparkMLS
This 6,108 sq ft home built in 1977 sits in Mackenzie in Detroit.
Asking $989,000 (about $162/sq ft).
Estimated annual property tax: $9,188, or about $766 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Fiber internet is available at this address with download speeds up to 2,000 Mbps across 9 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Abraham Elsheick
Empire Realty Group
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
2 Gbps
Upload
1 Gbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
12700 Schaefer Highway, Detroit, MI 48227
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Neighborhood
Mackenzie
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Community
Detroit
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County
Wayne County
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