$1,400,000 for Sale
1798 wabash street, detroit, MI 48216
| Beds 4 | Baths 3 | 6,173 Sqft | 0.15 Acres |
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Property Description
Corktown's Hottest Property! Discover the unparalleled potential of 1798 Wabash, an extraordinary property strategically positioned in Detroit's dynamic Corktown district. Located steps away from the newly revitalized Michigan Central Station, recently renovated by Ford Motor Company, this property presents a once-in-a-lifetime chance to secure a prime piece of real estate at an incredible value. Highlights: Currently a non-conforming commercial use with it being zoned R2 under Detroit's Master Plan. This allows for single family or condo development. Expansive Space: Boasting over 6000 sqft of space, currently divided into 4 units, each equipped with 220-volt electricity. Potential for Growth: Expand to 6 units and explore the option to add a second floor, maximizing income potential and versatility. Historic Charm: Situated in the heart of Corktown, adjacent to the historic Michigan Central Station, a symbol of Detroit's rich heritage and promising future. Surrounded by Amenities: Enjoy proximity to trendy cafes, boutique shops, and upscale dining, enhancing the property's appeal to residents and businesses alike. Why Invest: This property offers an exceptional opportunity for savvy investors, developers, and entrepreneurs looking to capitalize on Detroit's rapid revitalization. Whether you envision creating luxury condos, establishing a thriving commercial hub, or both, 1798 Wabash provides the canvas for your ambitious endeavors. Act Now: Submit your best offer today and take advantage of this rare chance to own a piece of Detroit's future. Contact us now to schedule a viewing and explore the endless possibilities awaiting you at 1798 Wabash. Don't delay - this opportunity won't last long! BATVAI
General Information
Sale Price: $1,400,000
Price/SqFt: $227
Status: Active
MLS#: rcomi60320103
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: sub of pt of ol no 1 lafferty farm (plats)
Acres: 0.15
Lot Dimensions: 50x130
Bedrooms:4
Bathrooms:3 (1 full, 2 half)
House Size: 6,173 sq.ft.
Acreage: 0.15 est.
Year Built: 1948
Property Type: Single Family
Style: Other
Features & Room Sizes
Bedroom 1: 10x9
Bedroom 2 : 10x9
Bedroom 3: 10x9
Bedroom 4: 10x9
Family Room:
Greatroom:
Dinning Room:
Kitchen: 9x9
Livingroom:
Pole Buildings:
Paved Road: Paved Street
Garage: 1
Garage Description: Attached Garage
Exterior: Brick,Cinder Block
Basement: No
Foundation : Slab
Heating: Radiant,Space Heater
Fuel: Natural Gas
Waste: Public Sanitary
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $2,471
Est. Winter Taxes: $290
HOA fees:
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Listing By: Jeffrey Rutledge of Downtown Realty, Phone: 313-466-7253
