1406 Biddle Avenue, Wyandotte, Michigan

$555,000

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7,948

Square feet

0.40

Acres

About 1406 Biddle Avenue

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!

Features of 1406 Biddle Avenue

MLS® # 60237996
Price $555,000
Square Footage 7,948
Acres 0.40
Year Built 20
Type Commercial
Sub-Type Commercial/Industrial
Status Active
Source MLS MiRealSource
Originating MLS RealComp

Community Information

Address 1406 Biddle Avenue
Area Wyandotte
Subdivision Hudson's Sub
City Wyandotte
County Wayne
State Michigan
Zip Code 48192 3706

Amenities

Is Waterfront No

Interior

Heating Forced Air

Exterior

Exterior Features Security Lighting
Roof Asphalt
Construction Brick
Foundation Slab

Additional Information

Zoning Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKW Showcase Realty

Listing Map

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