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    562 Oak St Wyandotte, MI 48192

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    For Sale
    Contact for pricing

    7,302 SF Mixed-Use Building in Prime Location

    Property size:
    7,302 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,302 square foot mixed-use commercial property, located at 562-564 Oak Street in Wyandotte, Michigan, presents a unique investment opportunity. The building boasts a desirable blend of office and warehouse space, ideal for a variety of businesses. The property features approximately 2,400 square feet of traditional office space, complemented by 4,902 square feet of warehouse or storage area, providing ample room for operations and inventory. Its strategic location on a corner lot at the intersection of Oak Street and Walnut Street, between Fort Street and Jefferson, ensures high visibility and accessibility. This bustling area offers excellent exposure to a significant volume of daily traffic. The property is classified as Class C and is situated in Wayne County, Michigan, with a zip code of 48192. This versatile space is available for both sale and lease, making it an attractive option for businesses seeking to establish a strong presence in a thriving Michigan community. The building's size and layout offer flexibility for customization to meet specific business needs. Don't miss this chance to acquire a well-positioned commercial property in a dynamic location.

    Property Features for 562 Oak St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,302 SF
    Class
    C

    HighLights

    • Mixed‑use commercial property totaling 7,302 square feet.
    • Building features 2,400 square feet of office space and 4,902 square feet of warehouse/storage space.
    • High‑visibility corner lot at Oak and Walnut Streets.
    • Excellent location between Fort Street and Jefferson Street in a high‑traffic area.
    • Class C property located in Wyandotte, MI (48192), available for sale or lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -83.157992569649
    Latitude
    42.204395803496

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    FAQs

    What type of property is this?
    Office Property / Space - 7,302 SF Mixed-Use Building in Prime Location
    Where is this office property / space located?
    The property is located at 562 Oak St Wyandotte, MI.
    What are key features of this property?
    This property features: Mixed-use commercial property totaling 7,302 square feet.; Building features 2,400 square feet of office space and 4,902 square feet of warehouse/storage space.; High-visibility corner lot at Oak and Walnut Streets.
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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
    562 Oak St Wyandotte, MI 48192
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