13800 Lakeside Cir Sterling Heights, MI 48313-1316
This exceptional 3,690 square foot freestanding restaurant building presents a unique investment opportunity in the thriving Sterling Heights, Michigan market. Located at 13800 Lakeside Circle, at the intersection of Waterbury Drive and Lakeside Circle, this single-tenant property sits on a 1.36-acre lot and boasts ample parking with 59 spaces. The building is currently vacant, offering a blank canvas for a new culinary venture. The property is zoned for restaurant use, ensuring a seamless transition for prospective operators. Its strategic location offers high visibility and accessibility, placing it within a dynamic commercial area. This location is particularly advantageous due to its proximity to a major redevelopment project currently underway in Michigan, promising increased foot traffic and enhanced community growth. The property's size and parking capacity make it suitable for a variety of restaurant concepts, from casual dining to upscale establishments. This is a rare chance to establish a successful business in a prime location with significant growth potential. The property's address is 13800 Lakeside Circle, Sterling Heights, MI 48313.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Sterling Heights, MISterling Heights. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.