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1406 BIDDLE Avenue, Wyandotte, MI 48192

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Listing Type
Commercial/Industrial
Listing Status
Off Market
0
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Transportation
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$555,000

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Home Details for 1406 BIDDLE Avenue
Price
$555,000
Type
Commercial/Industrial
Year Build
2000
Sq. Ft.
7948
Lot Size
0.4
County
Wayne
Tax
$20,090
MLS®️ Listing#
20230058232
On exitrealty.com
515 days
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!
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Listing courtesy: KW Showcase Realty - 248-360-2900
mls_iconThe accuracy of all information, regardless of source, is not guaranteed or warranted. Allinformation should be independently verified. IDX Information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Provided through IDX through Realcomp II Ltd. Courtesy of EXIT UNITED REALTY PROFESSIONALS. © 2024 Realcomp II Ltd. Shareholders.
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$555,000

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