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Property profile & analytics
OFF-MARKET
Retail space

1609 Frd Ave Wyandotte, MI 48192-2303

1,520 SF 0.06 ac lot
Individually Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US43-1423743
Property summary
AI-generated overview

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 profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 1,520 SF
Lot 0.06 ac (2,614 SF)
APN 57 016 02 0321 000
UPID US43-1423743
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ciara Brooks · 7 yrs held
Ciara Brooks
since 2019
1 recorded transaction
2019
$59,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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