$555,000
1406 BIDDLE Avenue Wyandotte, MI 48192 3706
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$555,000
Est. payment /mo
7,948 SqFt
Active
1406 BIDDLE Avenue Wyandotte, MI 48192 3706
UPDATED:
07/11/2024 04:06 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 7,948 sqft
Price per Sqft $69
Subdivision Mi
MLS Listing ID 60237996
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 Wyandotte (82147)
Zoning Commercial
Interior
Heating Forced Air
Exterior
Waterfront No
Roof Type Asphalt
Building
Foundation Slab
Water Public Water
Structure Type Brick
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KW Showcase Realty
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