33700 Van Dyke Ave, Sterling Heights, MI 48312-5933
This exceptional retail investment opportunity presents a 1,881 square foot convenience store and gas station situated on a prominent 0.52-acre corner lot in Sterling Heights, Michigan. Built in 1966, the single-story building is zoned for commercial use and boasts a highly visible location on Van Dyke Avenue, a major thoroughfare, at the intersection with Denwood Drive, complete with a traffic signal. The asking price is $1,800,000, translating to $957 per square foot. The property is privately owned and is being offered as-is, including all existing equipment. This presents a unique chance for an investor or owner-occupant to capitalize on the property's prime location and high traffic volume. Numerous redevelopment possibilities exist, including expanding the existing convenience store and gas station operations or converting the space into a full-service oil change facility. The property's potential is limited only by the buyer's imagination. The parcel number is 1034302004. This is a turnkey opportunity in the fourth largest city in Michigan, offering significant upside potential for the right buyer. The property's strategic location and existing infrastructure make it an ideal investment for those seeking a high-return opportunity in a thriving market. Don't miss this chance to acquire a well-positioned commercial property in a desirable location.
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-3 · 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.