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Pinebrook Plaza 5625-5655 18 Mile Rd

8,750 SF 84% Leased Retail Building Sterling Heights, MI 48314 For Sale

Investment Highlights

  • 8,750 Square Feet, 1.14 Acres
  • Liquor Store has been Operating for 30+ Years
  • Deli Station inside Serves Subs, Burgers, Cold Sandwiches, Etc.
  • Zoning: C3-General Business District
  • Building has 4 Units Total; 1 Unit is Leased Out for $1,400 Per Month
  • Other Business Opportunities are Possible. Ideal for Fast Food Drive-Thru

Executive Summary

Pinebrook Liquor Store is a versatile and profitable business situated on 1.14 acres. The 8,750 square foot building is zoned in a C3-General Business District, allowing for a variety of uses. The liquor store has been a staple in the community for over 30 years, with a loyal customer base. It features a deli station offering subs, burgers, and sandwiches. The site has tremendous room to add a larger kitchen, enabling the addition of popular menu items like pizza, crispy chicken, and other hot food options to attract more customers and boost revenue. The building includes four units, one of which is leased, providing steady rental income. Additionally, the site is ideal for fast food or quick-service restaurant concepts, with drive-thru capabilities. PLEASE DO NOT DISTRUB EMPLOYEES. FOR ALL INQUIRES SELLER REQUIRES PROOF OF FUNDS FOR ALL SHOWINGS.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
8,750 SF
Building Class
B
Year Built
1984
Percent Leased
84%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.18
Lot Size
1.14 AC
Zoning
C-3 - Commercial
Parking
56 Spaces (7.09 Spaces per 1,000 SF Leased)
Frontage
204 ft on 18 Mile Rd

Amenities

  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,400 SF
  • Retail
  • In-Line
  • Now

1,400 SF retail convenience store available for lease. Site offers large showroom, signage, ample parking and high visibility.

Space Size Space Use Position Available
1st Floor 1,400 SF Retail In-Line Now

1st Floor

Size
1,400 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size 1,400 SF
Space Use Retail
Position In-Line
Available Now

1,400 SF retail convenience store available for lease. Site offers large showroom, signage, ample parking and high visibility.

Nearby Major Retailers

Tim Hortons
Fifth Third Bank
Planet Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-10-08-476-004
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£381,859
  • Listing ID: 34053864

  • Date on Market: 02/12/2024

  • Last Updated:

  • Address: 5625-5655 18 Mile Rd, Sterling Heights, MI 48314

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