• Asking Price $900,000
  • 1798 WABASH ST DETROIT, MI 48216

  • 4 Beds 1 Bath 6,173 SqFt
  • Commercial / Resale (MLS)

Property Details for 1798 WABASH ST, DETROIT, MI 48216

Features

  • Price/sqft: $145
  • Lot Size: 0.15 acres
  • Total Rooms: 7
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 3
  • Stories: 1
  • Heating: Radiant,Space Heater

Facts

  • Year Built: 01/01/1948
  • Property ID: 891511035
  • MLS Number: 20240046886
  • Parcel Number: 08008716.
  • Property Type: Commercial
  • County: Wayne
  • Legal Description: E WABASH 60 SUB OF PT OF O L NO 1 LAFFERTY FARM L1 P193 PLATS, W C R 8/21 50 X 130
  • Zoning: R2
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Corktown's Hottest Property!nnDiscover 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.ncommit;nnHighlights:nnCurrently a non-conforming commercial use with it being zoned R2 under Detroit's Master Plan. This allows for single family or condo development.nnExpansive Space: Boasting over 6000 sqft of space, currently divided into 4 units, each equipped with 220-volt electricity.nnPotential for Growth: Expand to 6 units and explore the option to add a second floor, maximizing income potential and versatility.nnHistoric Charm: Situated in the heart of Corktown, adjacent to the historic Michigan Central Station, a symbol of Detroit's rich heritage and promising future.nnSurrounded by Amenities: Enjoy proximity to trendy cafes, boutique shops, and upscale dining, enhancing the property's appeal to residents and businesses alike.nnWhy Invest:nnThis 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.nnAct Now:nnSubmit 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. nnDon't delay - this opportunity won't last long!nnnBATVAI

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Property Brokerage: Downtown Realty 15007 Kercheval Grosse Pointe Park MI 48230
Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.