1406 Biddle Avenue Wyandotte, MI $ 555,000
1406 Biddle Avenue
$ 555,000
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1406 Biddle Avenue

Wyandotte, MI, 48192
$ 555,000
Baths0.0 Sq 7,948

Monthly Estimate*

$ 3,877

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Studio

Commercial Property for sale in Wyandotte, MI

for $555,000. This 7,948 square foot building was built in 2000 on a lot size of 0.4.

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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Commercial Active

Price

$ 555,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 20,090

Style

3 Commercial Office Spaces & 2 Residential Units

Lot Size

0.4

Year Built

2000

Town/City

Wyandotte

County/Region

Wayne

MLS | Web ID

20230058232

Features
Interior
Heating Fuel Natural Gas
Total Units 5
Street Suffix Avenue
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession At Close
current use 3 Commercial Office Spaces & 2 Residential Units
Zoning Commercial
Year Built 2000
Business Type Medical Office Residential
Property Type Commercial
Subdivision Name HUDSON'S SUB
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Brick
Cumulative Days on Market 454
MLS Area Wyandotte
Directions Off of Biddle South of Goddard.
City Wyandotte
Terms Offered Cash Conventional
School District Wyandotte
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name BIDDLE
Assessment 0.00
Total Sq Ft 7948
DOM 302
Taxes 20090.0000
Legal Description *06663 TO 6667* LOTS 39 TO 45 INCL - - - HUDSON'S SUB T3S R11E L22 P23 WCR. - K - 0.40
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Exterior
Waterfront 0
Lot Size Area 0.40
Water Source Public (Municipal)
Foundation Slab
Lot Size Dimensions 178.30 x 100.00
Roof Material Asphalt
Architecture Level 2 Story
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Erica West

Listing Agent

Kw Showcase Realty

Broker

(248) 520-1742

Phone

Affordability Calculator

$5,551
Per Month
70%
30%
0%
Monthly Principal & Interest
$3,877
Monthly Property Taxes
$1,674
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848019 Elementary School
848904 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/17/2023$555,000 Listed Price

Map


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1406 Biddle Avenue, Wyandotte, MI, 48192 is a Commercial Property for sale at $555,000 with 7,948 sqft and a lot size of 0.4. 1406 Biddle Avenue is a studio with 0.0 baths and was built in 2000. The property's zip code is 48192 which is in Wyandotte, MI