Active
1798 WABASH Street
Detroit MI, 48216
$900,000
$145.80 per sqft
Active
4 Beds
2 Baths
6,173 sqft
Residential
Built in 1948
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
20240046886
MLSⓇ ID
July 1, 2024
Listed
November 22, 2024
Updated
Map
1798 WABASH Street
Detroit MI, 48216
Interior Features
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
1
Half Bathrooms
2
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Radiant, Space Heater
Exterior/Building Features
Lot Size
0.15 Acres
Architectual Style
Other
School Information
School District
Detroit
Other Property Details
Area Name
Det South Of Grand River
Taxes
$2,761
Tax Frequency
Annually
Days on Market
123
Garage
Yes
Parking
Attached
View
No
County
Wayne
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/1/2024 | Price change | $900,000 -36% |
7/16/2024 | Price change | $1,400,000 139999900% |
Courtesy of Downtown Realty
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Gustaf Andreasen shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Provided through IDX through Realcomp II LTD
Originating MLS:
©2024 Realcomp II LTD Shareholders
Data last updated 6:07 AM UTC, 11/22/2024