$555,000
Active
42 Days Online
0 Beds0 Baths7,948 SQFT
Active

1406 Biddle Avenue Wyandotte, MI 48192

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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.

  • Property TypeCommercial
  • NeighborhoodHudson'S Sub
  • CountyWayne
  • Taxes$20,090
  • HOA/Condo/Coop Fees$0
  • Days on Site42 Days
  • MLS StatusActive
  • MLS ID Number20230058232
  • Home Size Source N/A
  • Year Built2000
  • Lot Size0.4 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Brick
  • Building Features Employee Lunch/ LoungeSmoke Alarm
  • Sewer Public Sewer
  • Electric Circuit Breakers
  • Number of Stories 2
  • Acreage 0.4
  • Water Public
  • Property Sub Type Business
  • Foundation Slab
  • Zoning Commercial

Interior Features

  • Heating Forced AirNatural Gas

Exterior Features

  • Roof Asphalt
  • Spa No
  • Waterfront Property No
  • Exterior Outside Lighting

Community Features

  • MLS Area Wyandotte
  • Building Features Employee Lunch/ LoungeSmoke Alarm

Schools

School District
Wyandotte
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$2,685
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