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4624-4644 Biddle Ave 4,200 SF 100% Leased Industrial Building Wyandotte, MI 48192 $845,000 ($201.19/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Main Road Frontage on Biddle Ave.
  • Investment/Owner User Opportunity.
  • Fenced and Secured Yard For Outdoor Storage - 4,200 Sq. Ft. Duplex.

EXECUTIVE SUMMARY

4644 & 4624 Biddle Ave, Wyandotte is a two lot 4,200 SF Duplex industrial Building that features main Rd Frontage on Biddle Ave, Fenced and Secured Yard for Outdoor Storage and is an investment/Owner User Opportunity. There are three active leases with on including a Billboard Lease.

PROPERTY FACTS

Price $845,000
Price Per SF $201.19
Sale Type Investment
Cap Rate 8%
Property Type Industrial
Property Subtype Service
Building Class C
Lot Size 0.19 AC
Rentable Building Area 4,200 SF
No. Stories 1
Year Built 1941
Parking Ratio 2.38/1,000 SF
Clear Ceiling Height 13’
No. Drive In / Grade-Level Doors 2
Zoning L-1 - Light Industrial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
57-023-17-0001-300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$146,100
  • Listing ID: 35203931

  • Date on Market: 3/20/2025

  • Last Updated:

  • Address: 4624-4644 Biddle Ave, Wyandotte, MI 48192

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