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507 Biddle Ave

Wyandotte, MI 48192
  • $3,700,000
  • STATUS: Active
  • ON SITE: 87 Days
  • ID#: 20230100923
UPDATED: 79 min ago
$3,700,000
  • 0
    BEDS
  • 0.56
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,500
    SQFT
  • $435
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2016
County:
Area:
Zoning:
Commercial
Lot Size Dimensions:
539 x 62

School Ratings & Info

School District:

Description

This is your rare opportunity to own this top notch, one-of-a-kind waterfront establishment. This well known and highly sought after property is currently home to The Waterfront Restaurant. Built in 2016, this amazing property offers fine dining, scenic riverfront views, river access with boat slips, outdoor live entertainment all summer and so much more. Total space is 8,500 sq ft. offering fully equipped kitchen, complete prep area, walk in cooler, storage hallway and closet and managers office. Main custom horseshoe bar boasts subway tiles and granite countertops. Upstairs terrace holds 50+ people for outdoor dining or private parties. Additionally the terrace features a full service bar and bathroom. Surrounded by boats, yachts, marinas, docks and residential condo complexes this establishment is placed perfectly in the heart of Wyandotte's waterfront district. Call to schedule appointment today. Showing days are Monday - Wednesday. Prior to all showings, potential buyer must be pre-approved or provide proof of funds in advance.

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IDX provided courtesy of Realcomp II Ltd. via Alan Brown Group and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Alan Brown Group are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-02-26T11:59:43.367.
www.alanbrowngroup.com/homes/145640958
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507 Biddle Ave Wyandotte, MI 48192

  • Price: $3,700,000
  • Status: Active
  • On Site: 87 Days
  • Updated: 79 min ago
  • ID#: 20230100923
0
Beds
0
Baths
0
½ Baths
0.56
Acres
8,500
SQFT
$435
$/SQFT
2016
Built
Neighborhood:
River Bank Manor Sub
County:
Wayne
Area:
Wyandotte
School District:
WYANDOTTE
Property Description
This is your rare opportunity to own this top notch, one-of-a-kind waterfront establishment. This well known and highly sought after property is currently home to The Waterfront Restaurant. Built in 2016, this amazing property offers fine dining, scenic riverfront views, river access with boat slips, outdoor live entertainment all summer and so much more. Total space is 8,500 sq ft. offering fully equipped kitchen, complete prep area, walk in cooler, storage hallway and closet and managers office. Main custom horseshoe bar boasts subway tiles and granite countertops. Upstairs terrace holds 50+ people for outdoor dining or private parties. Additionally the terrace features a full service bar and bathroom. Surrounded by boats, yachts, marinas, docks and residential condo complexes this establishment is placed perfectly in the heart of Wyandotte's waterfront district. Call to schedule appointment today. Showing days are Monday - Wednesday. Prior to all showings, potential buyer must be pre-approved or provide proof of funds in advance.
Exterior Features

Architecture Level 1 Story Construction Materials Block/Concrete/MasonryStone Foundation Details Slab Lot Size Dimensions 539 x 62 Road Frontage Feet 250 Road Frontage Type Paved Side Of Street E Water Frontage Feet 60.00 Waterfront Description Direct Water FrontageRiver AccessRiver FrontWater Front Waterfront Name Detroit River Waterfront YN Yes

Interior Features

Building Area Source Builder Heating Cooling Forced Air Heating Fuel Natural Gas Sq Ft Main 8500 Sq Ft Office 50

Property Features

Assessment 0.00 Commercial Type Business And Real Estate Current Use Restaurant Existing Lease YN No Gross Scheduled Income 200000.00 Inventory Included YN No Land Contract YN No Listing Financing CashConventional Monthly Sales 166000 Net Operating Income 1200000.00 Operating Expense 800000.00 Ownership Status Short Sale - NoPrivate Owned Possession At Close Postal City Wyandotte Protection Period 180 Days Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 15873.0000 Tax Amount Winter 5284.0000 Title Standard (Private) Total Tax 21157.0000 Unparsed Address 507 Biddle Ave Water Source Public (Municipal) Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Exp Realty Southgate: (866) 374-9895 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Alan Brown Group and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Alan Brown Group are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-02-26T11:59:43.367.
 
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Alan Brown Group
70 West Long Lake Rd
Troy MI, 48098