$ 555,000
1406 BIDDLE Avenue Wyandotte, MI 48192
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 555,000
Est. payment /mo
Active
1406 BIDDLE Avenue Wyandotte, MI 48192
7,948 SqFt
UPDATED:
10/24/2024 03:22 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,948 sqft
Price per Sqft $69
Municipality Wyandotte City
Subdivision Wyandotte City
MLS Listing ID 20230058232
Originating Board Realcomp
Year Built 2000
Annual Tax Amount $20,090
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 178.30 x 100.00
Property Description
5 unit mixed-used building is perfect for a savy investment property. Office building that contains 3 private suites, each suite has a reception area and 2 have large waiting rooms. Suite 1 has 2 bathrooms, 5 patient rooms with sinks, break room and 2 private offices. Suite 2 has 4 patient rooms, 1 bathroom, 1 office and large waiting reception area. Suite 3 has 4 very large offices, reception area, bathroom and conference room. Sitting on almost half an acre, with 3 office spaces in the lower level, 2 - 1BR apartments on the second floor (additional 1,717 sf). 2 of the 5 units are occupied leaving 2 commercial units available to rent; one for $1,600 a month and the other $1,85. 1 commercial ($1,300), 1 residence ($950) and 1 residential unit (1,000) are currently occupied. resident is month to month and leases can be extended after closing or can end at closing. With a 10-15% potential cap rate and less than 20 years old, the opportunity of this property has yet to be maximized. Located in the heart of Wyandotte!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial
Direction Off of Biddle South of Goddard.
Interior
Heating Forced Air
Exterior
Waterfront No
View Y/N No
Building
Foundation Slab
Sewer Public
Water Public
Structure Type Brick
Others
Tax ID 57007040039303
Listed by KW Showcase Realty
"Our Team is commited to helping our clients achieve their real estate goals through buying, selling and investing."