41122 Ryan Rd - Bank FOR SALE


Sterling Heights, MI 48314
$1,575,000 USD
419-283-7363
41122 Ryan Rd, Sterling Heights, MI for Sale
$1,575,000 USD
Bank - FOR SALE
1/1
null | Request Cap Rate

Sep '26


41122 Ryan Rd
Sterling Heights, MI 48314


HIGHLIGHTS

  • Located at a signalized intersection of Ryan Road and 18 Mile Road with traffic counts exceeding 45,000 VPD combined.
  • Freestanding building with multiple points of ingress and egress, enhancing accessibility.
  • Zoning allows for flexible redevelopment or conversion to alternate retail or service uses.
  • Surrounding area includes major retailers, restaurants, and financial institutions, creating a robust co-tenancy environment.
  • Positioned within a dense residential and employment hub, ensuring consistent consumer traffic.
  • On-site parking ratio of 9.4 per 1,000 SF providing ample customer convenience.

OVERVIEW

Offered at $1,575,000, this former bank branch presents a compelling acquisition opportunity in the high-demand Sterling Heights corridor. Built in 2004, the property encompasses 4,149 square feet on a 0.916-acre lot and delivers excellent street presence at a signalized intersection. Positioned at the northeast corner of Ryan Road and 18 Mile Road, the site provides direct access to two high-traffic thoroughfares with daily vehicle counts of 27,922 VPD on Ryan Road and 17,468 VPD on 18 Mile Road. The building benefits from multiple shared access curb cuts, 39 on-site parking spaces, and a strong 9.4/1,000 parking ratio. Zoned C-1 Local Convenience Business District, this asset supports a variety of adaptive reuses or redevelopment options. Located in Sterling Heights’ major employment cluster and surrounded by established national retailers, healthcare facilities, and large residential neighborhoods, the trade area provides strong fundamentals for retail or service-based uses. Demographics within a 3-mile radius include over 96,000 residents and an average household income exceeding $114,000, supporting steady demand. With limited comparable standalone buildings on the market, this offering provides speed-to-market potential in one of Macomb County’s most sought-after locations.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$380 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

39,901 SF

ZONING

C-1

APN/PARCEL ID

10-10-08-300-080

ASK ABOUT THIS PROPERTY

Dave LongCBREMore Info
419-283-7363

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Dave LongCBREMore Info
419-283-7363

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.