Hard-Corner Retail Restaurant
For Sale
Contact for pricing
40950 Ryan Road, Sterling Heights, MI 48310
Freestanding restaurant building with C-2 zoning and ample parking, positioned at a highly visible intersection for flexible retail use.
Property Size3,120 SF
Lot Size0.92 Acres
Price / SF$801.28
Days on Market57
Property Features for 40950 Ryan Road
General Information
Standard status
Active
Size
3,120 SF
Lot size
0.92 Acres
Property subtype
Retail
Zoning
C-2
Building Details
Year Built
2000
Listing Agency:
APEX Commercial Real Estate Advisors
Listed By:
Sal Yaldo · License #6501443637
Source:
Crexi
Added: Jun 11
Changed: Jul 10
Last Checked: Aug 5 at 1:55PM
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 APEX Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This freestanding former Wendy’s restaurant property includes a 3,120 SF building on approximately 0.918 acres, offered for sale as a turn-key retail asset for owner-users or investors. The site is described as well maintained and modernly constructed, with a flexible layout intended to support restaurant or service-oriented concepts. Ample parking supports convenient customer access and turnaround.
The property is positioned at a highly visible hard-corner intersection in Sterling Heights, in a commercial corridor with surrounding national retailers, dense residential neighborhoods, and active business activity. The location provides strong accessibility and is described as being just minutes from Lakeside Mall and other major retail destinations.
Zoned C-2, the property supports a wide range of retail, restaurant, or service-oriented uses, making it useful for tenants seeking an established roadside location. With its prominent intersection frontage, well-maintained improvements, and parking, the building can also serve as a practical redevelopment or re-tenanting candidate for operators looking for a flexible commercial site in an established shopping and business area.
The property is positioned at a highly visible hard-corner intersection in Sterling Heights, in a commercial corridor with surrounding national retailers, dense residential neighborhoods, and active business activity. The location provides strong accessibility and is described as being just minutes from Lakeside Mall and other major retail destinations.
Zoned C-2, the property supports a wide range of retail, restaurant, or service-oriented uses, making it useful for tenants seeking an established roadside location. With its prominent intersection frontage, well-maintained improvements, and parking, the building can also serve as a practical redevelopment or re-tenanting candidate for operators looking for a flexible commercial site in an established shopping and business area.
Key Highlights
- 3,120 SF freestanding restaurant building built in 2000
- On approx. 0.918 acres at a hard‑corner intersection with high visibility
- C‑2 zoning supports a wide range of retail, restaurant, or service‑oriented uses
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 34%
Beauty & Spa 10%
Electronics 4%
Wendy's
Dining
13,474 visits/mo
0.1 miles
Dollar Tree
Shops & Services
7,979 visits/mo
0.1 miles
Great Clips
Beauty & Spa
3,058 visits/mo
0.1 miles
Fifth Third Bank & ATM
Shops & Services
2,457 visits/mo
0.2 miles
Jet's Pizza
Dining
2,250 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant building with C-2 zoning and ample parking, positioned at a highly visible intersection for flexible retail use.
Where is this conventional restaurant located?
The property is located at 40950 Ryan Road Sterling Heights, MI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 3,120 SF freestanding restaurant building built in 2000; On approx. 0.918 acres at a hard‑corner intersection with high visibility; C‑2 zoning supports a wide range of retail, restaurant, or service‑oriented uses
