2948 BIDDLE Avenue $5,000,000

    Close

    2948 BIDDLE Avenue Wyandotte, MI 48192

    Active

    $5,000,000

    Market Estimate
    Request Info
    • 0.25 Acres
    • Commercial Lease
    • MLS# 60329516
    Favorite Share
    Views: 28 Days On Site: 107

    Go Tour This Listing

    Schedule A Showing

    Property Details

    This is a once in a lifetime opportunity to own a fully renovated HUGE space in the middle of this booming waterfront community. Downtown Wyandotte has spent the last 10 years or so being developed into the heart of downriver and the Detroit riverfront community most sought after. THIS IS THE PLACE TO BE!! With upscale restaurants, concert venue, as many bars/restaurants as one's heart could desire along with shopping and salons. The downtowns social district, art fair and community events keep this downtown full of foot traffic and keep it a destination spot for Southeast Michigan. Backed by a strong and prideful community that boasts small business love in all directions. We have TONS of space to offer! Total Health Foods approx. 10,000 sq ft space is currently being operated as a grocer and fresh deli counter. The business and all of its contents are available to purchase, lets chat if you're interested! Next to total health foods is the newly renovated space that is home to Yogurt Co. at approx. 4200 sq ft. Who is a leased occupant. Behind the building on First street, is home to Alice Huang Wyandotte Healing Center an approx. 2400 sq ft office setting space. All 3 buildings have full DRY basements, used for storage. Moving to the second floor there are 3) 2- bedroom units and 1) 3- bedroom unit. All four residential units are occupied. There is 1200 sq foot of unfinished space on the second floor that has beautiful, exposed brick and rounded windows. Ready to be developed! There is on site laundry for residents to use, large common areas and unused office space. Bring your business, your vision, your next investment or project to Downtown Wyandotte! Call listing agent today for more details or to schedule a walk through. Listing agent to be present for all showings. The entire space is currently occupied and has residents/operating businesses, please DO NOT disturb or approach employees or tenants.

    • General Features
      • Acreage 0.25
      • Area Municipality Wyandotte (82147)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision PLAT OF PART OF WYANDOTTE PART 2 BLOCK 57
      • Total SqFt Finished 0
      • Waterfront Y/N No
      • Year Built 18
      • ZONING Mixed Use
    • Building Features
      • Exterior Features Security Lighting
      • Foundation Type Basement
      • Heating System Forced Air
    • Property Features
      • Water Public Water
      • Lot Size 25.00 x 151.20
      • Roads Paved Street
      • Sewer Septic Public Sanitary

    Neighborhood

    48192 (Wyandotte) Demographics

    40 Median Age
    4,583 Population Density (per sq. mile)
    29% College Educated
    $54,419 Estimated Median Income
    7,595 Estimated Total Home Owners
    3,204 Estimated Total Renters
    70% / 30% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    24,944 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $195,000 Median Sales Price
    17 Homes Sold
    31 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $5,000,000
        10/14/2024 4:37:09 PM Price Reduced Source: Multiple Listing Service New Value: $5,000,000 -13.04%
        8/6/2024 4:54:00 PM New in Database Source: Multiple Listing Service New Value: $5,750,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.