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    1609 Ford Ave Wyandotte, MI 48192

    Sponsored
    For Sale
    $164,999

    High-traffic location, remodeled industrial building, immediate income.

    Property size:
    1,520 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 1,520 square foot industrial building in Wyandotte, MI, presents a compelling investment opportunity. Located on a 0.06-acre lot at 1609 FORD, this property boasts a prime location within a high-traffic area, ensuring excellent visibility and accessibility for any business. Completely remodeled in 2019, the building is in excellent condition and ready for immediate occupancy. The property's unique layout allows for dual functionality: one space is currently leased, generating immediate rental income, while the other space is available for immediate use by a new owner or tenant. This dual-income potential makes this a truly attractive investment, offering both immediate returns and long-term growth prospects. The building's versatility makes it suitable for a wide range of commercial uses, from retail operations to office spaces, providing flexibility for diverse business needs. The high-traffic location ensures a steady stream of potential customers and clients, maximizing the property's earning potential. This is a rare opportunity to acquire a profitable, well-maintained commercial property in a desirable location. Don't miss out on this chance to secure a strong investment with immediate income generation. The asking price is $164,999.

    Property Features for 1609 Ford Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    1,520 SF
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wyandotte
    County
    Wayne
    State
    Michigan
    Longitude
    -83.17215
    Latitude
    42.21363

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    FAQs

    What type of property is this?
    Industrial property - High-traffic location, remodeled industrial building, immediate income.
    Where is this industrial property located?
    The property is located at 1609 Ford Ave Wyandotte, MI.
    What is the asking price?
    The asking price for this property is $164,999.
    (248) 625-5700
    Request Owner's contact information
    1609 Ford Ave Wyandotte, MI 48192
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    Wyandotte, MI 48192
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1609 Ford Ave Wyandotte, MI 48192
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