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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



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 | Lot Size | 0.19 AC |
| Price Per SF | $201.19 | Rentable Building Area | 4,200 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8% | Year Built | 1941 |
| Property Type | Industrial | Parking Ratio | 2.38/1,000 SF |
| Property Subtype | Service | Clear Ceiling Height | 13’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Zoning | L-1 - Light Industrial | ||
| 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 |
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PROPERTY TAXES
| Parcel Number | 57-023-17-0001-300 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $146,100 |
PROPERTY TAXES
Parcel Number
57-023-17-0001-300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$146,100
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4624-4644 Biddle Ave
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