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Investment Highlights

  • Havey daytime traffic

Executive Summary

Introducing a prime investment opportunity for office and medical use with active dentist operation, this 4070 SF building offers immense potential for owner occupants seeking to expand their active medical dentist operations and use one off the apartment with 3 Bedrooms and 2 baths with finish basement or lease to other to offset costs The second apartment been Leased for $1650 A month. The property includes an extra lot that can be utilized, adding to its value and flexibility. With a prime location and solid construction, this property presents a rare chance for commercial property owners to secure a valuable asset in a thriving commercial landscape.
REALTOR® Remarks: 4070 SF Building, Active dental office, for sale business and property with 3 Exam Room, privet office with reception, and two apartment 3 bedroom and 2 baths with finish basement, and other appartement with 2 Bedroom and two baths and balcony, been rented for $1650 a month, The Dr using the 3 Bedroom appartement, can be rented for $2200 a month.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $27,522 $6.76
Other Income $382,247 $93.92
Vacancy Loss - -
Effective Gross Income $409,769 $100.68
Taxes $7,017 $1.72
Operating Expenses $13,900 $3.42
Total Expenses $20,917 $5.14
Net Operating Income $388,852 $95.54

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $27,522
Annual Per SF $6.76
Other Income (CAD)
Annual $382,247
Annual Per SF $93.92
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $409,769
Annual Per SF $100.68
Taxes (CAD)
Annual $7,017
Annual Per SF $1.72
Operating Expenses (CAD)
Annual $13,900
Annual Per SF $3.42
Total Expenses (CAD)
Annual $20,917
Annual Per SF $5.14
Net Operating Income (CAD)
Annual $388,852
Annual Per SF $95.54

Property Facts

Price $1,800,773 CAD
Price Per Bed $600,258 CAD
Sale Type Investment or Owner User
Cap Rate 23.08%
Sale Conditions
Business Value Included
  • Lease Option
Property Type Health Care
Building Size 4,070 SF
No. Beds 3
No. Stories 2
Year Built/Renovated 1942/2024
Zoning 201 commercial - Office & Apartments.

About 2460 FLORIAN ST , HAMTRAMCK, MI 48212

4070 SF Building, Active dental office, for sale business and property with 3 Exam Room, privet office with reception, and two apartment 3 bedroom and 2 baths with finish basement, and other appartement with 2 Bedroom and two baths and balcony, been rented for $1650 a month, The Dr using the 3 Bedroom appartement, can be rented for $2200 a month.

Room Mix Information

Description No. Beds
apartment 3
apartment 2
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
41-003-01-0122-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$151,509 CAD
Annual Taxes
$7,017 CAD ($1.72 CAD/SF)
Tax Year
2025
  • Listing ID: 41942759

  • Date on Market: 2026-08-30

  • Last Updated:

  • Address: 2460 Florian St, Hamtramck, MI 48212

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