$825,000
$895,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
8,000 SqFt
SOLD DATE : 11/15/2024
Key Details
Sold Price $825,000
Property Type Commercial
Sub Type Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $103
Subdivision Corrected Plat Of Blocks 19 20 30 And 31 Block 31
MLS Listing ID 20240078925
Sold Date 11/15/24
Bedrooms 1
Originating Board Realcomp II Ltd
Year Built 1910
Annual Tax Amount $13,608
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 57.00 x 67.50
Property Description
HERE IT IS! Your opportunity to own a building in the HEART of DOWNTOWN WYANDOTTE! This building has been in the same family for over 20 years. It is currently 75% leased out to retail/hair salon / medical office ( 2yrs left on leases ), Owners live on the 3rd Floor. Amazing street frontage on Biddle Avenue. Spectacular views of the Detroit River. Parking on Street and Public Parking Lot directly behind building. This is perfect for a Boutique Hotel; Restaurant / Bar ; Condominiums ; Event Center or Mixed Use. Purchaser to assume City Inspection. Report is Uploaded.
Location
State MI
County Wayne
Area Wyandotte
Zoning Commercial,Multiple
Direction Biddle Avenue between Elm Street and Oak
Interior
Hot Water Natural Gas
Heating Forced Air
Exterior
Utilities Available Elevator
Waterfront no
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 3 Story
Structure Type Brick
Schools
School District Wyandotte
Others
Tax ID 57011030005002
Ownership Short Sale - No,Private Owned
Assessment Amount $36
Acceptable Financing Cash, Contract, Conventional
Rebuilt Year 2010
Listing Terms Cash, Contract, Conventional
Financing Cash,Contract,Conventional
Special Listing Condition Full Service
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Bought with Home Direct Realty
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Managing Partner | License ID: 6506046014
280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States