Search
Freestanding Bank Building with Drive-Through
For Sale
Contact for pricing

40950 Van Dyke Ave, Sterling Heights, MI 48313

Existing signage, on-site parking, and a convertible layout support retail, medical, office, or service uses.

Property Size2,250 SF
Days on Market8

Property Features for 40950 Van Dyke Ave

General Information

Standard status Active
Size 2,250 SF
Property subtype Retail

Additional Details

Drive-Thru Yes

Amenities

building signage
monument signage

Building Details

Buildings 1
Tenancy Single
Listing Agency: On Q Commercial Real Estate
Listed By: Leo Allus · License #6501449131
Source: Crexi
Added: Sep 10 Changed: Sep 16 Last Checked: Sep 16 at 1:44PM

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 On Q Commercial Real Estate

Investment Insights

Based on property information with market context.

This freestanding bank property contains approximately 2,250 ± SF and includes an existing drive-thru, building signage, monument signage, and on-site parking. The current financial-institution layout can be retained for another bank or adapted for retail, medical, office, or service-oriented occupancy.

Positioned on Van Dyke Avenue in Sterling Heights, the property offers prominent street presence and is available for sale or lease beginning December 2026.

Key Highlights

  • Approximately 2,250 ± SF freestanding bank building
  • Existing drive‑thru facility
  • Building and monument signage in place

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Banks

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Parking Lot & Garage Bakery Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby
71k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 65% Shops & Services 33% Beauty & Spa 2%
McDonald's Dining
23,961 visits/mo 0.3 miles
Burger King Dining
9,562 visits/mo 0.4 miles
Fuddruckers Dining
8,007 visits/mo 0.2 miles
Marathon Shops & Services
7,735 visits/mo 0.2 miles
Dollar General Shops & Services
6,527 visits/mo 0.0 miles

Demographics for 48313, MI

34,169
Population
14,288
Households
2.4
Avg Household Size
43
Median Age
32%
College-Educated
92%
High-School Grad
8.7 sq mi
ZIP Area
3,927
Density / Sq Mi
$87,292
Median Household Income
$47,668
Median Earnings
$1,152
Median Rent
$248,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Bank - Existing signage, on-site parking, and a convertible layout support retail, medical, office, or service uses.
Where is this bank located?
The property is located at 40950 Van Dyke Ave Sterling Heights, MI.
What are key features of this property?
This property features: Approximately 2,250 ± SF freestanding bank building; Existing drive‑thru facility; Building and monument signage in place
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message