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    Wyoming Mixed-Use Commercial Opportunity Title is generated by Realmo AI

    1225 Chicago Dr SW, Wyoming, MI 49509

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    Claim this Listing
    For Sale
    $460,000

    Versatile 3,200 sq. ft. property in high-visibility Wyoming location.

    Type:Commercial
    Property size:
    3,200 SF
    Price / SF:
    $143/SF
    Added:
    Apr 24, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 24 at 7:49 pm

    Property Features for 1225 Chicago Dr SW

    General Information

    Standard status
    Active
    Size
    3,200 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1925

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    Listing Contact
    Javier Rodriguez
    Javier Rodriguez

    Listing agent Javier Rodriguez

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Javier Rodriguez

    HighLights

    • High‑visibility location in Wyoming, MI with steady traffic flow.
    • Approximately 3,200 sq. ft. of versatile space suitable for retail, office, or mixed‑use.
    • Excellent exposure on a prominent corridor.
    • Conveniently located near major roads, local businesses, and residential neighborhoods.
    • Great investment opportunity due to ample space and strategic location.
    • Building blends classic character (built in 1925) with functional layout potential.

    Overview

    This commercial property, located in Wyoming, MI, offers approximately 3,200 sq. ft. of space suitable for retail, office, or mixed-use purposes. Constructed in 1925, the building combines classic architectural elements with functional layout potential. The property benefits from a location on a corridor with consistent traffic. It is situated near major roads, local businesses, and residential neighborhoods. The location has a walk score of 69, indicating it is somewhat walkable, and a bike score of 47, indicating it is somewhat bikeable.

    Local Financial Insights For Mixed Use

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $68.4k $21.36
    − Vacancy −$9.4k −$2.95
    EGI $58.9k $18.41
    − OpEx −$22.1k −$6.90
    NOI $36.8k $11.51
    3,200 SF · lease $21.36/SF/yr · vacancy 13.80% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $526.1K
    $460.3K – $613.8K (±1% cap)
    NOI $36,825 @ 7.0% cap · market cap 8.01%
    Second Best
    Retail
    $474.6K
    $415.2K – $553.7K (±1% cap)
    NOI $33,219 @ 7.0% cap · market cap 7.22%
    Theoretical Best
    Office A
    $572.3K
    $500.8K – $667.7K (±1% cap)
    NOI $40,064 @ 7.0% cap · market cap 8.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Wyoming
    County
    Kent
    State
    Michigan
    Longitude
    -85.6973996
    Latitude
    42.9357139

    FAQs

    What type of property is this?
    Mixed-use property - Versatile 3,200 sq. ft. property in high-visibility Wyoming location.
    Where is this mixed-use property located?
    The property is located at 1225 Chicago Dr SW Wyoming, MI.
    What is the asking price?
    The asking price for this property is $460,000.
    What are key features of this property?
    This property features: High‑visibility location in Wyoming, MI with steady traffic flow.; Approximately 3,200 sq. ft. of versatile space suitable for retail, office, or mixed‑use.; Excellent exposure on a prominent corridor.
    More about this property
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