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1406 BIDDLE Avenue, Wyandotte, MI 48192
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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!
Listing courtesy: KW Showcase Realty - 248-360-2900
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