1406 Biddle Avenue Wyandotte, MI 48192
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