1609 Frd Ave Wyandotte, MI 48192-2303
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.