1400 BIDDLE Avenue $649,900

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    1400 BIDDLE Avenue Wyandotte, MI 48192

    • 6,138 sq.ft.
    • 0.40 Acres
    • Commercial
    MLS# 219055344 | Active

    $649,900

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    Days On Market: 101 39 Views
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    Property Details

    Newer maintained Commercial properties are hard to come by, especially in a high traffic desirable areas. That's why this amazing 5 unit mixed use building is perfect for an owner user, as well as an investment property. Sitting On almost half an Acre, With 3 office spaces on the lower level, 2 gorgeous loft style apartments on the second floor, Lots and lots of parking, With a 10% 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 right off the river, the opportunity is yours to seize!

    • General Features
      • County Or Parish Wayne
      • Settlement City
      • Subdivision HUDSON'S SUB
      • Commercial Type Apartments, Business And Real Estate, Commercial
      • Business Type Medical, Office, Residential
      • Current Use Office, apartment, loft
      • Lot Size Area 0.4
      • Zoning Commercial, Multiple, Office, Residential
      • Ownership Status Private Owned, Short Sale - No
      • Originating MLS Realcomp II Ltd
      • Year Built 2000
      • Year Remodeled 2012
      • Sqft Total 6,138
      • Number Of Units Total 2
      • Operating Expense $20,000
      • Net Operating Expense $67,600
      • Gross Scheduled Income $87,600
      • Tax Amount - Summer 14801.0000
      • Tax Amount - Winter 0.0000
    • Building Features
      • Foundation Details Slab
      • Construction Materials Brick
      • Sqft Office 4,500
      • Office Heating Central Air, Forced Air
      • Plant Heating Forced Air
      • Unit One Bed Number Of 2
    • Property Features
      • Commercial Utilities Employee Lunch/Lounge, Humidifier, Smoke Alarm
      • Frontage Feet 178
      • Lot Size Dimensions 178.30X100.00
      • Water Source Municipal Water
      • Sewer Sewer-Sanitary
    • Schools
      • School District Wyandotte

    Contact

    Monica Hillman

    Associate Broker

    RE/MAX Masters

    Cell: 734-818-0062

    Neighborhood

    48192 (Wyandotte) Demographics

    42Median Age
    4,794Population Density (per sq. mile)
    28%College Educated
    $52,020 Estimated Median Income
    7,838Estimated Total Home Owners
    3,094Estimated Total Renters
    72% / 28%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    25,225Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $133,500 Median Sales Price
    3 Homes Sold
    36 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $649,900
        6/10/2019 5:43:00 PM New in Database Source

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        Listing information is provided through IDX through RealComp II Ltd. All information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2019 Realcomp II Ltd. Shareholders.