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1400 BIDDLE Avenue

$ 649,900
1400 BIDDLE AVE ,
26
Active

Description

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!

Address: 1400 BIDDLE AVE
City:
State/County:
Zip: 48192
Open In Google Maps
Property Id : 24580
Price: $ 649,900
Bedrooms: 2
Building size: 0.40 acres
Available Space: 6138 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Assessment: 0
Building Area Source: Public Records
Business Type: Medical,Office,Residential
CDOM: 226
Commercial Exterior Features: Chimney Caps,Outside Lighting
Commercial Type: Apartments,Business And Real Estate,Commercial,Real Estate Only
Commercial Utilities: Carbon Monoxide Alarm(s),Employee Lunch/Lounge,Humidifier,Smoke Alarm
Construction Materials: Brick
County Or Parish: Wayne
Current Use: Office, apartment, loft
Directions: Fort Street to Goddard to South on Biddle Rd to Property
Directions From EastWest: W
Directions From EastWest Detail: 2nd St
Directions From NorthSouth: N
Directions From NorthSouth Detail: Antoine
DOM: 100
Foundation Details: Slab
Foundation Materials: Poured
Frontage Feet: 178
Gross Scheduled Income: 87600.00
Heating: Central Air,Forced Air
Heating Fuel: Natural Gas
Last Change Type: New
List Office Name: RE/MAX Leading Edge
List Price By Acre: 1624750.0000
Lockbox Location: Front Door
Lock Box Type: Appointment/LockBox
Lot Size Dimensions: 178.30X100.00
MLS: Realcomp II Ltd
MLS Area Major: Wyandotte
MLS Area Major Number: 05147
MLS Number: 219055344
Monthly Sales: 7300
Annual Net Income: 67600.00
Number Of Units Total: 2
Office Heating: Central Air,Forced Air
Operating Expense: 20000.00
Original List Price: 649900.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 57007040039303
Percent Leased: 80
Plant Heating: Forced Air
Postal City: Wyandotte
Postal Code Plus 4: 3706
Property Type: Commercial
Protection Period: 0
Road Frontage Type: Class A
Roof Material: Asphalt
Room Count: 0
School District: Wyandotte
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Sqft Main: 6138
Sqft Office: 4500
Sqft Source: PRD
State Equalized Value: 275600.0000
Street Name: BIDDLE
Street Number: 1400
Street Suffix: Avenue
Subdivision Name: HUDSON'S SUB
Table: Commercial
Taxable Value: 274441.0000
Tax Amount Summer: 14801.0000
Tax Amount Winter: 0.0000
Tax Legal Description: *06663 TO 6667* LOTS 39 TO 45 INCL - - - HUDSON'S SUB T3S R11E L22 P23 WCR. - K - 0.40
Title: Private - Owned
Total Tax: 14801.0000
Unit Count: 2
Unit One Bed Number Of: 2
Virtual Tour URL Unbranded: https://www.youtube.com/watch?v=8ion1x9cTe0
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 2000
Year Remodeled: 2012
Zoning: Commercial,Multiple,Office,Residential
Customer Comment: Yes
Encroachment: No
Exclusions: No
Land Contract: No
Legal Rental Certified: Yes
Publish Sale Price: Yes
Restrictions: No
Waterfront: No
Zone Conform: Yes
IDX provided courtesy of Realcomp II Ltd., via RE/MAX Leading Edge and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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