For Sale
$1,400,000

5775 14 Mile Rd Sterling Heights, MI 48310

Vacant Bank Building, High Visibility, 2.81 Acres

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 3,173 square foot freestanding building, formerly a bank branch, presents a unique investment opportunity in Sterling Heights, Michigan. Situated on a prominent 2.81-acre corner lot at the Northwest corner of Mound Road and 14 Mile Road, this property boasts unparalleled visibility and accessibility. The site encompasses five parcels and benefits from heavy traffic counts, with convenient curb cuts on both Mound Road and 14 Mile Road. The O-1 zoning allows for multi-use potential, including the possibility of developing two additional pads. A parking easement on the north side of the lot provides up to 20 parking spaces. Currently vacant, this property offers a blank canvas for a variety of commercial ventures. The asking price is $1,400,000, and the lease type is NNN. This is a rare opportunity to acquire a substantial commercial property in a high-traffic area with significant development potential. The property's size and location make it ideal for a range of businesses seeking high visibility and ample space. Don't miss this chance to secure a prime piece of Sterling Heights real estate.

Highlights

  • 3,173 SF freestanding building on a 2.81-acre corner lot at Mound Rd & 14 Mile Rd, Sterling Heights.
  • 2.81-acre site encompassing five parcels.
  • High traffic counts on Mound Rd and 14 Mile Rd.
  • Convenient curb cuts on both Mound Rd and 14 Mile Rd.
  • Excellent visibility.
  • Potential to develop two additional building pads.

Property Details for 5775 14 Mile Rd

Property type
Retail properties, Land
Square Feet
3,173 SF
Lot Size (sq. ft)
122,404 SF

Location Insight

City
Sterling Heights
County
Macomb
State
Michigan
Latitude
42.5365688
Longitude
-83.0488619

FAQs

What type of property is this?
Retail property - Vacant Bank Building, High Visibility, 2.81 Acres
Where is the retail property located?
The property is located at 5775 14 Mile Rd Sterling Heights, MI.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 3,173 SF freestanding building on a 2.81-acre corner lot at Mound Rd & 14 Mile Rd, Sterling Heights.; 2.81-acre site encompassing five parcels.; High traffic counts on Mound Rd and 14 Mile Rd.
How can I contact the broker?
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5775 14 Mile Rd
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