For Sale - 1406 BIDDLE Avenue, Wyandotte, MI 48192

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Scott Hutchison

scott@web-homes.net +1(616) 291-0440

$ 555,000

Est. payment | -/mo

7,948 SqFt

Save

$ 555,000

Est. payment | -/mo

Save

7,948 SqFt

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

View Y/N No

Building

Foundation Slab

Sewer Public

Water Public

Structure Type Brick

Schools

School District Wyandotte

Others

Tax ID 57007040039303

Listed by KW Showcase Realty

“Part of my Job as Your Real Estate Expert is to protect you from the incompetency that runs rampet in our industry”

+1(616) 291-0440

scott@web-homes.net

8 N. Bridge Street Suite 104B, Rockford, MI, 49341, United States

1406 BIDDLE Avenue Wyandotte, MI 48192