Hard-Corner Retail Restaurant
40950 Ryan Rd, Sterling Heights, MI 48310
For Sale
$2,500,000
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 Market147
Property Features for 40950 Ryan Rd
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Building Details
Building Size
Year Built
Listing Agency:
APEX Commercial Real Estate Advisors
Listed By:
Ayson Shammami · License #6502433307
(248) 554-5709
Source:
Commercialcafe
Added: Jun 16
Changed: Nov 9
Last Checked: Nov 8 at 2:46AM
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
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Investment Insights
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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
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
137
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
0.2 miles
Great Clips
Beauty & Spa
3,058 visits/mo
0.2 miles
Fifth Third Bank & ATM
Shops & Services
2,457 visits/mo
0.0 miles
Jet's Pizza
Dining
2,250 visits/mo
0.2 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
$263,100
Median Home Value
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Market
Average Price Trend$/SF for Conventional restaurants in Macomb County, MI
Properties on Market for Conventional restaurants in Macomb County
Vacancy Rate% for Retail in Midwest region
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 Rd 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
