Property summary
This exceptional freestanding restaurant building, located at 35500 Van Dyke Ave in Sterling Heights, Michigan, presents a unique opportunity for a discerning restaurateur or retail business. The property boasts a substantial 5,743 square feet of space, all currently vacant and ready for immediate occupancy. Situated on a generous 1.95-acre lot, the building offers ample room for outdoor seating, parking, or expansion. The property's address is 35500 Van Dyke Ave, Sterling Heights, MI 48312, and its location within Macomb County provides excellent visibility and accessibility. The property is classified as retail and restaurant space, making it suitable for a wide range of culinary or retail concepts. The single-tenant occupancy ensures complete control and customization of the space. The building's size and layout provide flexibility for various business needs. The property's parcel number (APN) is 10-27-300-057. This is a rare opportunity to acquire a substantial, well-located property in a thriving Michigan community. The property is available for lease and is ready for a new tenant to create a successful business. The expansive lot size offers significant potential for future development or expansion. This property is ideal for a business seeking high visibility and a large footprint in a busy commercial area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The C-3 General Business District is designed to provide for a wide diversity of business activities which are predominantly but not necessarily totally retail in character
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Sterling Heights, MIThe C-3 General Business District is designed to provide for a wide diversity of business activities which are predominantly but not necessarily totally retail in character
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The C-3 General Business District is designed to provide for a wide diversity of business activities which are predominantly but not necessarily totally retail in character
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-3 in Sterling Heights, MI.
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Find the owner behind the property.
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