1406 BIDDLE Avenue Active Save Request In-Person Tour Request Virtual Tour
Wyandotte,MI 48192
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
Year Built 2000
Annual Tax Amount $20,090
Lot Size 0.400 Acres
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
Interior
Hot Water Natural Gas
Heating Forced Air
Exterior
Pool No
Utilities Available Employee Lunch/Lounge,Smoke Alarm,Circuit Breakers
Waterfront no
Roof Type Asphalt
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Wyandotte
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Full Service