44350 Schoenherr Rd Sterling Heights, MI 48313-1143
This exceptional 7,641 square foot former restaurant space is available for lease in the thriving Sterling Heights, Michigan market. Located at 44350 Schoenherr Rd, this single-tenant property sits on a generous 1.55-acre lot and offers ample parking with 95 spaces. The building is zoned C-2, providing flexibility for a variety of restaurant or retail uses. The entire 7,641 square feet is currently vacant, presenting a blank canvas for a new tenant to customize and create their ideal space. The property's strategic location in Macomb County ensures high visibility and accessibility for customers. This is a rare opportunity to acquire a substantial, well-located commercial property in a dynamic area with significant potential for growth. The ample parking significantly enhances the property's appeal to potential tenants and customers. The C-2 zoning allows for a wide range of commercial uses, making it an attractive investment for businesses seeking a versatile and adaptable space. The property's size and location make it ideal for a variety of restaurant concepts or other retail establishments. This is a turnkey opportunity to establish a successful business in a high-traffic area. The 1.55-acre lot provides ample space for outdoor seating or other potential expansions. Serious inquiries are encouraged to explore this outstanding commercial real estate offering.
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.