2948 BIDDLE Avenue Wyandotte, MI 48192
Other
MLS #: 20250015193
Courtesy Of FOUR SEASONS REALTY
2363 W JEFFERSON, TRENTON, MI 48183
2363 W JEFFERSON, TRENTON, MI 48183
Property InformationDescription
Prime Commercial Property with Exceptional Income Potential
Located in the heart of a high-traffic, sought-after area, this well-priced commercial property offers an exceptional investment opportunity with multiple streams of income. Featuring three established, thriving businesses and four fully-leased apartments, this property provides an immediate cash flow with significant potential for growth. **Additional 54 feet of front footage is on 1st Street.
The current businesses are successfully operating, benefiting from the prime location and strong local demand. Additionally, the four residential apartments offer a steady rental income stream, ensuring a diversified investment portfolio.
What sets this property apart is the additional undeveloped space estimating about 1300sf, offering endless possibilities for further expansion. Whether you re looking to add more rental units, develop commercial spaces, or create unique ventures, the income potential from this property is vast and ripe for intellectual innovation. Basements are huge and dry with plenty of room for storage/inventory.
Key Features:
*Prime commercial location in a high-demand area
*3 established, operating businesses with a proven track record
*4 fully-leased residential apartments with consistent income
*Additional undeveloped space ready for expansion and development
*Strong income diversification with both commercial and residential units
*High foot traffic and visibility, ensuring continued business success
This is a rare opportunity for savvy investors to acquire a property that already generates income while offering tremendous upside potential. Don t miss out on the chance to capitalize on this prime real estate with the potential for long-term financial growth. Property is currently under a tax incentive through 2028. BATVAD
Located in the heart of a high-traffic, sought-after area, this well-priced commercial property offers an exceptional investment opportunity with multiple streams of income. Featuring three established, thriving businesses and four fully-leased apartments, this property provides an immediate cash flow with significant potential for growth. **Additional 54 feet of front footage is on 1st Street.
The current businesses are successfully operating, benefiting from the prime location and strong local demand. Additionally, the four residential apartments offer a steady rental income stream, ensuring a diversified investment portfolio.
What sets this property apart is the additional undeveloped space estimating about 1300sf, offering endless possibilities for further expansion. Whether you re looking to add more rental units, develop commercial spaces, or create unique ventures, the income potential from this property is vast and ripe for intellectual innovation. Basements are huge and dry with plenty of room for storage/inventory.
Key Features:
*Prime commercial location in a high-demand area
*3 established, operating businesses with a proven track record
*4 fully-leased residential apartments with consistent income
*Additional undeveloped space ready for expansion and development
*Strong income diversification with both commercial and residential units
*High foot traffic and visibility, ensuring continued business success
This is a rare opportunity for savvy investors to acquire a property that already generates income while offering tremendous upside potential. Don t miss out on the chance to capitalize on this prime real estate with the potential for long-term financial growth. Property is currently under a tax incentive through 2028. BATVAD
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: Brick
- Floors: 2
- Heating System: Forced Air
- Heating System: Central
- Legal Description: CFEC RESTORED CERTIFICATE FROZEN - PURSUANT TO PA 255 OF1978 THIS CERTIFICATE PROVIDES THE AUTHORITY FOR THE ASSESSOR TO EXEMPT THE COMMERCIAL FACILITY FOR WHICH THIS CFEC IS IN EFFECT BUT NOT THE LAND ON WHICH THE FACILITY IS LOCATED OR THE PERSONAL PROPERTY, FROM THE AD VALOREM TAXATION THIS CERTIFICATE FURTHER PROVIDES THE AUTHORITY TO LEVEY A SPECIFIC TAX KNOW AS THE COMMERCIAL FACILITIES TAX. THIS CERTIFICATE UNLESS REVOKED BY RESOLUTION OF THE CITY OF WYANDOTTE SHALL REMAIN IN FORCE FOR A PERIOD OF 12 YEARS PLUS TWO (2) YEAR FOR CONSTRUCTION BEGINNING 12/31/2014 AND ENDING 12/30/2028 SEE 57 011 08 0004 002, 57 011 08 0005 001, 57 011 08 0005 002
- MLSID: 20250015193
MAP & DIRECTIONS
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