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 su
General Information
Sale Price: $2,600,000
Price/SqFt: $157
Status: Active
MLS#: rcomi20250015193
City: wyandotte
Post Office: wyandotte
Schools: wyandotte
County: Wayne
Acres: 0.24
Lot Dimensions: 75X142
Size: 16,607 sq.ft.
Acreage: 0.24 est.
Year Built: 1861
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $5,157 Est. Winter Taxes: $1,805
