Prime Commercial Land & Building Opportunity | Sterling Heights, MI

Massive 23-Acre Development Site with 24,814 SF Building

This 24,814 SF standalone commercial facility on a sprawling 23.00-acre lot represents a rare owner-user or large-scale redevelopment opportunity in heart of Sterling Heights, Michigan. Formerly operated as a premier banquet hall, the property offers a well-maintained structural canvas with flexible interior space adaptable for office, institutional, assembly, or community-oriented operations.

Priced competitively at $141 per square foot, the asset arrives fully vacant, providing buyers with immediate possession and ultimate operational freedom. Beyond the existing building footprint, the land area offers density potential under its R-80 zoning designation (Single-Family Residential / Low-Density), opening doors for residential conversion, senior living, civic institutions, or planned mixed-use developments (subject to local rezoning approvals).

Investment Highlights & Site Features

• Massive Land Portfolio Value: Situated on 23 sprawling acres, providing immediate scale for large-footprint redevelopment or strategic land banking in Macomb County.

• Versatile Existing Structure: A 24,814 SF well-constructed building (built in 1993) featuring durable materials, high-capacity utility infrastructure, and open floor plans.

• Immediate Value Add / Owner-User Potential: Delivered 100% vacant at $141/SF, eliminating existing tenant constraints and allowing immediate owner occupancy or customized capital improvement projects.

• Flexible Zoning Blueprint: R-80 zoning creates potential pathways for high-end residential communities, institutional facilities, religious assemblies, or commercial rezoning options.

• Strategic Metro Detroit Access: Positioned within Sterling Heights—one of Michigan's top economic corridors—offering fast connection to major thoroughfares, retail hubs, and dense surrounding residential neighborhoods.

• Broker Co-Op Friendly: Full broker co-op supported for external buyer representation.

Strategic Value & Redevelopment Potential

For Owner-Users & Institutions

The existing structure provides an ideal turnkey footprint for religious organizations, private educational campuses, medical wellness facilities, corporate offices, or event venues seeking a large indoor capacity without starting from ground-up construction.

For Residential & Mixed-Use Developers

With 23 contiguous acres in a high-demand suburban municipality, developers can leverage the expansive acreage to plan a residential subdivision, active-adult living community, or multi-family project tailored to meet Macomb County's growing housing demand.

Comprehensive Property Specifications