Renovated Former Police Station Office
3505 Biddle Avenue Wyandotte, MI 48192
3505 Biddle Avenue, Wyandotte, MI, 48192
$550,000
For Sale
$550,000
Renovated office building with a main suite plus multiple upstairs suites and a separate rear office building.
Property Size6,000 SF
Price / SF$91.67
Days on Market117
Property Features for 3505 Biddle Avenue
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1915
Listing Agency
Four Seasons Realty Dan Berry Group
(734) 561-1000
Listed by
Amy Raupp · License #6501373280
(734) 561-1000
Source
Homesforsaleinmich
Added: Mar 27 Updated: Jul 20 at 2:36 am Checked: Jul 20 at 2:36 am
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 Four Seasons Realty Dan Berry Group
Investment Insights
Based on property information with market context.
This renovated commercial office building was formerly a police station and offers a flexible, multi-suite layout. The main building includes a spacious, updated office suite with a dedicated copy room, conference room, kitchenette, and a private bathroom. Upstairs, there are five additional commercial suites sharing a bathroom, supporting a variety of office configurations.
A separate rear building adds further space, with a beautifully renovated office on the lower level and a large, open office area upstairs. The property is positioned just steps from the Detroit River and is within walking distance to downtown Wyandotte’s restaurants, shops, and amenities.
Overall, the building’s combination of updated offices and multiple rentable areas provides practical flexibility for an owner-occupant or an investor seeking additional income streams.
A separate rear building adds further space, with a beautifully renovated office on the lower level and a large, open office area upstairs. The property is positioned just steps from the Detroit River and is within walking distance to downtown Wyandotte’s restaurants, shops, and amenities.
Overall, the building’s combination of updated offices and multiple rentable areas provides practical flexibility for an owner-occupant or an investor seeking additional income streams.
Key Highlights
- Nearly 6,000 SF commercial property built in 1915, formerly a police station
- Main building has updated office suite with copy room, conference room, kitchenette, and private bathroom
- Upstairs offers five additional commercial suites plus a shared bathroom
Local Financial Insights For Office B
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 | $36.0k | $6.00 |
| − Vacancy | −$8.5k | −$1.41 |
| EGI | $27.5k | $4.59 |
| − OpEx | −$6.9k | −$1.15 |
| NOI | $20.7k | $3.44 |
6,000 SF · lease $6.00/SF/yr · vacancy 23.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$295.1K
$258.2K – $344.3K
NOI $20,655 @ 7.0% cap · market cap 3.76%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.11M
$972.0K – $1.30M
NOI $77,760 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Renovated office building with a main suite plus multiple upstairs suites and a separate rear office building.
Where is this office units located?
The property is located at 3505 Biddle Avenue Wyandotte, MI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Nearly 6,000 SF commercial property built in 1915, formerly a police station; Main building has updated office suite with copy room, conference room, kitchenette, and private bathroom; Upstairs offers five additional commercial suites plus a shared bathroom
