For Sale
$5,000,000

2948 Biddle Ave Wyandotte, MI 48192

Prime Downtown Wyandotte investment opportunity.

Overview

Added:
Feb 3
Days on market:
78
This exceptional commercial property in the thriving waterfront community of Downtown Wyandotte presents a unique investment opportunity. The property encompasses three buildings totaling approximately 16,600 square feet, currently housing a successful grocery and deli (approximately 10,000 sq ft), a leased yogurt shop (approximately 4,200 sq ft), and a medical office (approximately 2,400 sq ft). All three commercial buildings feature full dry basements ideal for storage. Above the commercial spaces, the property includes four occupied residential units: three two-bedroom units and one three-bedroom unit, providing additional rental income. An additional 1,200 square feet of unfinished space on the second floor, boasting exposed brick and rounded windows, offers significant potential for development. On-site laundry facilities and ample common areas cater to residents. The property sits on a 0.25-acre lot in the heart of Downtown Wyandotte's vibrant social district, benefiting from high foot traffic and a strong local economy fueled by upscale restaurants, a concert venue, numerous bars and shops, and regular community events. The property is currently fully occupied, generating consistent income streams. All showings require prior arrangement. Please do not disturb tenants or employees. This is a rare chance to acquire a substantial, income-producing property in a highly desirable location.

Property Details for 2948 Biddle Ave

Property type
Commercial real estate
Year Built
1861
Lot Size (sq. ft)
10,890 SF

Location Insight

City
Wyandotte
County
Wayne
State
Michigan
Latitude
42.20366
Longitude
-83.1496

FAQs

What type of property is this?
Commercial real estate - Prime Downtown Wyandotte investment opportunity.
Where is the commercial real estate located?
The property is located at 2948 Biddle Ave Wyandotte, MI.
What is the asking price?
The asking price for this property is $5,000,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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2948 Biddle Ave
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