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2460 Florian St 4,070 SF Health Care Building Offered at $1,800,773 CAD at a 23.08% Cap Rate in Hamtramck, MI 48212



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.
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
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 |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 41-003-01-0122-000 | Total Assessment | $151,509 CAD |
| Land Assessment | $0 CAD | Annual Taxes | $7,017 CAD ($1.72 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 |
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
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2460 Florian St
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