For Sale - 2948 BIDDLE Avenue, Wyandotte, MI 48192

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Scott Hutchison

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

$ 2,600,000

Est. payment | -/mo

16,607 SqFt

Save

$ 2,600,000

Est. payment | -/mo

Save

16,607 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 16,607 sqft

Price per Sqft $156

Municipality Wyandotte City

Subdivision Wyandotte City

MLS Listing ID 20250015193

Originating Board Realcomp

Year Built 1861

Annual Tax Amount $6,962

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 75X142

Property Description

Prime Commercial Property with Exceptional Income PotentialLocated in the heart of a high-traffic, sought-after area, this well-priced commercial property offers an exceptional investment opportunity with multiple streams of income. Featuring three established, thriving businesses and four fully-leased apartments, this property provides an immediate cash flow with significant potential for growth. **Additional 54 feet of front footage is on 1st Street. The current businesses are successfully operating, benefiting from the prime location and strong local demand. Additionally, the four residential apartments offer a steady rental income stream, ensuring a diversified investment portfolio.What sets this property apart is the additional undeveloped space estimating about 1300sf, offering endless possibilities for further expansion. Whether you're looking to add more rental units, develop commercial spaces, or create unique ventures, the income potential from this property is vast and ripe for intellectual innovation. Basements are huge and dry with plenty of room for storage/inventory.Key Features:*Prime commercial location in a high-demand area*3 established, operating businesses with a proven track record*4 fully-leased residential apartments with consistent income*Additional undeveloped space ready for expansion and development*Strong income diversification with both commercial and residential units*High foot traffic and visibility, ensuring continued business successThis is a rare opportunity for savvy investors to acquire a property that already generates income while offering tremendous upside potential. Don't miss out on the chance to capitalize on this prime real estate with the potential for long-term financial growth. Property is currently under a tax incentive through 2028. BATVAD

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Commercial

Direction Biddle to just south of Oak Street

Rooms

Basement Basement

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Foundation Block, Stone

Sewer Public

Water Public

Structure Type Wood Siding,Brick

Schools

School District Wyandotte

Others

Tax ID 57255019807001

Listed by Four Seasons Realty Dan Berry Group

“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

2948 BIDDLE Avenue Wyandotte, MI 48192