www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
21318632
21554893

3333-3323 Biddle Ave, Wyandotte, MI 48192

LG
MI 6502126741
CRS, Commercial Real Estate Services
Listed by CRS, Commercial Real Estate Services
$3,950,000
1673 days on market
Updated 69 days ago

Downtown Wyandotte

Details
Property Type Office
Sub Type Medical Office
Net Rentable (SqFt) 18,000
Cap Rate 9.30%
NOI $321,000
Zoning Commercial

Office | 9.30% CAP

Marketing description

There is a lot value to create here in renewals or re-tenanting of the these buildings.


The Main Downtown Business District of Wyandotte

The buildings have been well maintained throughout the years. The buildings were built with quality construction.

The subject buildings are in a area of a downtown business district, better than average demographics, considered a stabilize market with low risk of the overall demographics changing in the future.

Wyandotte services all of the Downriver communities with its retail, restaurants and services. Easy access to Detroit Metro area.

Currently Henry Ford Physical Therapy and Medical o!ce occupies 84% of the buildings, the remaining medical tenant a long-term specialist. Henry Ford has occupied the buildings for over 20 years

Henry Ford Physical Therapy, Medical Building and Chief Gasternologist for HF

There are 2 Buildings totaling 18,000 sf

Building 1 Medical building 10,500 sf HF 6500 sf Gasternologist 4,000 sf for 40 yrs

Building 2 HF Physical Therapy 7500 sf

4,000 sf Gasternologist $63,654 term thru Aug 2030 3% increase each yr

6,500 sf HF Medical $113,820 term thru Dec 2027 no options

7,500 sf HF Physical Therapy $154,636 term thru May 2026 no options

HF has had occupancy for upto 20 yrs

Physical Therapy was former Block buster Video 50 yr line of the Wyandotte great for redevelopment or a modest upgrade to the national PT group this building can generate $28 sf NNN. The property of the PT can support a mid rise in the future with the back drop of the river on the main street of Wyandotte.

Listing Contacts

LG
MI 6502126741
CRS, Commercial Real Estate Services
Listed by CRS, Commercial Real Estate Services

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$321,000.00
$26,750.00/mo

Valuation Metrics

0
DSCR
8.13%
Cap Rate
8.13%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591