Neighborhood Grocery Market
For Sale
$625,000
36886 Ryan Rd, Sterling Heights, MI 48310
Fully operational grocery market offering fresh produce, meats, and bakery goods with an established customer base.
Property Size5,000 SF
Price / SF$125
Days on Market60
Property Features for 36886 Ryan Rd
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Listing Agency:
Keller Williams Somerset
(248) 530-7292
Listed By:
James T Silver · License #6501302927
(248) 530-7292
Source:
Exprealty
Added: Jun 22
Changed: Aug 20
Last Checked: Aug 20 at 9:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Somerset
Investment Insights
Based on property information with market context.
This listing is for the business only and includes a fully operational neighborhood grocery market. The store is equipped for day-to-day operations and offers a broad assortment including fresh fruits and vegetables, quality meats, freshly baked goods, specialty grocery items, pantry staples, and bulk products. There is also a dedicated bakery and meat section, supporting a convenient, complete shopping experience.
The market has been serving local residents in Sterling Heights for more than two decades, building a longstanding presence in the community. The current rent is noted as $8,000 per month under a triple net lease agreement, with the lease expiring in 2028. Inventory is included with the sale.
For a buyer seeking to step into an established retail operation, the business offers a turnkey foundation with core grocery categories already in place, including bakery and meat. The included inventory and ongoing operations are practical for an operator looking to continue serving the existing local customer base under the current lease structure.
The market has been serving local residents in Sterling Heights for more than two decades, building a longstanding presence in the community. The current rent is noted as $8,000 per month under a triple net lease agreement, with the lease expiring in 2028. Inventory is included with the sale.
For a buyer seeking to step into an established retail operation, the business offers a turnkey foundation with core grocery categories already in place, including bakery and meat. The included inventory and ongoing operations are practical for an operator looking to continue serving the existing local customer base under the current lease structure.
Key Highlights
- Listing price is for business only: successful neighborhood grocery market with a proven track record in Sterling Heights.
- Operating for more than two decades serving local residents and maintaining a loyal customer base.
- Store includes extensive fresh fruits and vegetables, quality meats, specialty grocery items, pantry staples, and bulk products.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
256
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 42%
KFC
Dining
10,982 visits/mo
0.1 miles
Mobil
Shops & Services
7,836 visits/mo
0.1 miles
Demographics for 48310, MI
43,709
Population
15,399
Households
2.8
Avg Household Size
41
Median Age
28%
College-Educated
83%
High-School Grad
8.8 sq mi
ZIP Area
4,967
Density / Sq Mi
$77,851
Median Household Income
$35,457
Median Earnings
$1,368
Median Rent
$263,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Target Grocery — 2310 Metro Pkwy, Sterling Heights, MI 48310
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Fully operational grocery market offering fresh produce, meats, and bakery goods with an established customer base.
Where is this grocery and convenience store located?
The property is located at 36886 Ryan Rd Sterling Heights, MI.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Listing price is for business only: successful neighborhood grocery market with a proven track record in Sterling Heights.; Operating for more than two decades serving local residents and maintaining a loyal customer base.; Store includes extensive fresh fruits and vegetables, quality meats, specialty grocery items, pantry staples, and bulk products.
