Homes for sale - 1406 BIDDLE Avenue, Wyandotte, MI 48192

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Russ Ragone

russ@russknows.com +1(248) 506-1196

$ 555,000

Est. payment | -/mo

2 Beds

7,948 SqFt

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$ 555,000

Est. payment | -/mo

Save Virtual Tour

2 Beds

7,948 SqFt

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 7,948 sqft

Price per Sqft $69

Subdivision Hudson'S Sub

MLS Listing ID 20230058232

Bedrooms 2

Originating Board Realcomp II Ltd

Year Built 2000

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

Zoning Commercial

Direction Off of Biddle South of Goddard.

Interior

Hot Water Natural Gas

Heating Forced Air

Heat Source Natural Gas

Exterior

Utilities Available Employee Lunch/Lounge, Smoke Alarm, Circuit Breakers

Roof Type Asphalt

Road Frontage Paved

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 2 Story

Structure Type Brick

Schools

School District Wyandotte

Others

Tax ID 57007040039303

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

Listed by Erica West of KW Showcase Realty

+1(248) 506-1196

russ@russknows.com

30500 Northwestern Hwy., Suite 300;, Hills, MI, 48334, United States

1406 BIDDLE Avenue Wyandotte, MI 48192