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$2,600,000
36 Days On Site

2948 BIDDLE Avenue
WyandotteCity_Wayne, MI 48192

For Sale|Commercial Sale|Active
9
Beds
0
Full Baths
0
Partial Baths
16,607
SqFt
$157
/SqFt
1861
Built
County:
Wayne
2948 BIDDLE Avenue2948 BIDDLE Avenue2948 BIDDLE Avenue2948 BIDDLE Avenue
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Prime Commercial Property with Exceptional Income Potential Located in the heart of a high-traffic, sought-after area, this well-priced commercial property offers an exceptional investment opportunity with multiple streams of income. Featuring three established, thriving businesses and four fully-leased apartments, this property provides an immediate cash flow with significant potential for growth. **Additional 54 feet of front footage is on 1st Street. The current businesses are successfully operating, benefiting from the prime location and strong local demand. Additionally, the four residential apartments offer a steady rental income stream, ensuring a diversified investment portfolio. What sets this property apart is the additional undeveloped space estimating about 1300sf, offering endless possibilities for further expansion. Whether you’re looking to add more rental units, develop commercial spaces, or create unique ventures, the income potential from this property is vast and ripe for intellectual innovation. Basements are huge and dry with plenty of room for storage/inventory. Key Features: *Prime commercial location in a high-demand area *3 established, operating businesses with a proven track record *4 fully-leased residential apartments with consistent income *Additional undeveloped space ready for expansion and development *Strong income diversification with both commercial and residential units *High foot traffic and visibility, ensuring continued business success This is a rare opportunity for savvy investors to acquire a property that already generates income while offering tremendous upside potential. Don’t miss out on the chance to capitalize on this prime real estate with the potential for long-term financial growth. Property is currently under a tax incentive through 2028. BATVAD

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Listing Snapshot
Price 
$2,600,000
Days On Site 
36 Days
Bedrooms 
9
Inside Area (SqFt) 
16,607 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.24 Acres
Year Built 
1861
MLS® Number 
20250015193
Status 
Active
Property Tax 
$6,962
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoStatus changed to Active
a month agoListing first seen on site
General Features
Acres 
0.24
Additional Property Use 
CommercialMixed UseMulti-FamilyOfficeRetail
Building Features 
AwningOverhangsSidewalks
Cross Street 
Biddle and Oak
Disclosures 
Annual Property Operating Data Available
Foundation 
BlockStone
Parking 
On StreetOther
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
16607
SqFt Total 
16607
Stories 
Two
Water Source 
Public
Zoning 
Commercial
Interior Features
Appliances 
Gas Water Heater
Cooling 
Central Air
Heating 
Forced Air
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Exterior Features
Construction Details 
BrickWood Siding
Community Features
Accessibility Features 
Accessible Entrance
Community Features 
Sidewalks
Financing Terms Available 
CashConventional
MLS Area 
Area05147Wyandotte
Roads 
Paved
School District 
Wyandotte
Schools
School District
Wyandotte
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Four Seasons Rlty Dan Berry Group: 7345611000



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Neighborhood & Commute
Source: Walkscore
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