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Property profile & analytics
OFF-MARKET
Investment properties

2948 Biddle Ave Wyandotte, MI 48192-5214

0.09 ac lot
Entity Owned Free & Clear
Property ID
US43-0371896
Property summary
AI-generated overview

This exceptional commercial property in the thriving waterfront community of Downtown Wyandotte presents a unique investment opportunity. The property encompasses three buildings totaling approximately 16,600 square feet, currently housing a successful grocery and deli (approximately 10,000 sq ft), a leased yogurt shop (approximately 4,200 sq ft), and a medical office (approximately 2,400 sq ft). All three commercial buildings feature full dry basements ideal for storage. Above the commercial spaces, the property includes four occupied residential units: three two-bedroom units and one three-bedroom unit, providing additional rental income. An additional 1,200 square feet of unfinished space on the second floor, boasting exposed brick and rounded windows, offers significant potential for development. On-site laundry facilities and ample common areas cater to residents. The property sits on a 0.25-acre lot in the heart of Downtown Wyandotte's vibrant social district, benefiting from high foot traffic and a strong local economy fueled by upscale restaurants, a concert venue, numerous bars and shops, and regular community events. The property is currently fully occupied, generating consistent income streams. All showings require prior arrangement. Please do not disturb tenants or employees. This is a rare chance to acquire a substantial, income-producing property in a highly desirable location.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.09 ac (3,920 SF)
APN 57 011 08 0004 002
UPID US43-0371896
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
Deity Spring Venture LLC
Deity Spring Venture LLC
since 2026
3 recorded transactions
2026
Price N/A
2026
Price N/A
2015
$568,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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