Detroit, MI 48216,1798 WABASH Street
See all 5 photos
Detroit, MI 48216,1798 WABASH Street
Detroit, MI 48216,1798 WABASH Street
Detroit, MI 48216,1798 WABASH Street
Detroit, MI 48216,1798 WABASH Street

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Additional details

$ 900,000
Est. payment /mo
Save
Price Dropped by $500K

1798 WABASH Street Detroit, MI 48216

4 Beds

2 Baths

6,173 SqFt


UPDATED:

11/01/2024 05:33 PM

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 $145

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

HOA Y/N no

Originating Board Realcomp II Ltd

Year Built 1948

Annual Tax Amount $2,761

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50x130

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

Direction Go West on Michigan Ave. from downtown Detroit. Take a left on Wabash and go down a few blocks and 1798 Wabash will be on the corner.

Interior

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

Fireplace no

Heat Source Natural Gas

Exterior

Garage Attached

Garage Description 1 Car

Waterfront no

Road Frontage Paved

Garage yes

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Other

Warranty No

Level or Stories 1 Story

Structure Type Block/Concrete/Masonry,Brick

Schools

School District Detroit

Others

Tax ID W08I008716S

Ownership Short Sale - No,Private Owned

Assessment Amount $100

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional


Realcomp MLS
Listed by Jeffrey Rutledge of Downtown Realty

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

GET MORE INFORMATION

Name
Phone
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.