1798 WABASH Street Active

Detroit,MI 48216

$ 1400000

4 Beds

2 Baths

6173 SqFt


Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,173 sqft

Price per Sqft $226

Subdivision Sub Of Pt Of Ol No 1 Lafferty Farm (Plats)

MLS Listing ID 20240046886

Style Other

Bedrooms 4

Full Baths 1

Half Baths 2

Year Built 1948

Annual Tax Amount $2,761

Lot Size 6,534 Sqft

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

Location

State MI

County Wayne

Area Det South Of Grand River

Interior

Heating ENERGY STAR� Qualified Furnace Equipment,Radiant,Space Heater

Exterior

Garage Attached

Garage Description 1 Car

Pool No

Waterfront no

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Block/Concrete/Masonry,Brick

Schools

School District Detroit

Others

Assessment Amount $100

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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