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Property profile & analytics

33875 Van Dyke Ave Sterling Heights, MI 48312

  • Retail properties
  • 4,997 SF
  • 1.40 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 33875 Van Dyke Ave

Year built
2000
Lot size
1.40 lot acres
Property size
4,997 SF
Property type
Retail properties
Property subtype
Restaurants

Description

This exceptional 4,997-square-foot vacant restaurant space, formerly an IHOP, presents a unique opportunity for a savvy investor or restaurateur. Located at 33875 Van Dyke Ave in Sterling Heights, Michigan (48312), this single-story building sits on a 1.4-acre lot within the Sterling Ponds Shopping Center, anchored by a Walmart. Its prime location on the west side of Van Dyke Avenue, north of 14 Mile Road, ensures high visibility and accessibility. Built in 2000, the property boasts 60 parking spaces and is zoned for retail use. While the dining area has been gutted, providing a blank canvas for customization, the building retains existing kitchen infrastructure, including hoods and coolers, significantly reducing renovation costs. The property is offered at $990,000 and is ready for immediate occupancy. Surrounded by thriving commercial businesses, this location offers unparalleled potential for a successful venture. The property's size and location make it ideal for a variety of restaurant concepts or other retail uses. This is a rare opportunity to acquire a well-situated, ready-to-occupy commercial space in a high-traffic area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Sterling Heights
County
Macomb
State
Michigan
Longitude
-83.0289
Latitude
42.5426
More about this property
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