• Asking Price $555,000
  • 1406 BIDDLE AVE WYANDOTTE, MI 48192

  • 7,948 SqFt
  • Commercial / Resale (MLS)

Property Details for 1406 BIDDLE AVE, WYANDOTTE, MI 48192

Features

  • Price/sqft: $69
  • Lot Size: 17424
  • Stories: 100
  • Heating: Central Furnace

Facts

  • Year Built: 01/01/2000
  • Property ID: 877198200
  • MLS Number: 20230058232
  • Parcel Number: 57 007 04 0039 303
  • Property Type: Commercial
  • County: WAYNE
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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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Property Brokerage: Keller Williams Commerce 2730 Union Lake Road Commerce Township MI 48382
Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.