40950 Ryan Road Retail
  • Asking Price
    $2.5MAsking Price
  • Gross Leasable Area
    3,120 SFGross Leasable Area
  • Built
    2000Built
  • Acres
    ~0.37 acAcres
  • City
    Sterling He…City
  • State
    MIState

Description

The former Wendy's at 40950 Ryan Road is a 3,120 SF freestanding restaurant property offered for $2,500,000 in Sterling Heights. Built in 2000, the building occupies approximately 0.37 acre at the signalized intersection of Ryan and 18 Mile roads. The site includes a drive-through configuration, pylon signage and approximately 41 parking spaces.

The hard-corner position provides multiple access points and about 174 feet of frontage along 18 Mile Road. Existing restaurant improvements and the drive-through layout may support continued food-service use, while C-2 commercial zoning allows buyers to evaluate other retail or service concepts subject to municipal approval. The offering is positioned for an owner-user, investor or redevelopment buyer seeking visibility within an established commercial corridor.

Offering Summary

  • Asking Price
    $2,500,000
  • Price PSF
    $801.28
  • Property Type
    Retail
  • Size
    3,120 SF
  • Built
    2000
  • Parking
    41 Surface
  • Total Acres
    ~0.37 ac

Documents

Property Address

40950 Ryan Road
Sterling Heights, MI 48310

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    3,120 SF
  • Frontage (ft)
    174 ft
  • Year Built
    2000
  • Total Parking
    41
  • Acres
    0.37
  • Zoning
    C-2 Commercial

Deal Team

Sal Yaldo profile image

Sal Yaldo

Managing Partner
Apex Commercial Real Estate Advisors
MI RE Lic. 6501438965