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$900,000
400 Days On Site

1798 WABASH Street
Detroit City, MI 48216

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
6,173
SqFt
$146
/SqFt
1948
Built
Subdivision:
SUB OF PT OF OL NO 1 LAFFERTY FARM (PLATS)
County:
Wayne
1798 WABASH Street1798 WABASH Street1798 WABASH Street1798 WABASH Street
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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

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Listing Snapshot
Price 
$900,000
Days On Site 
400 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,173 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1948
MLS® Number 
20240042338
Status 
Active
Property Tax 
$2,761
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
9 months agoListing updated with changes from the MLS®
9 months agoPrice changed to $900,000
a year agoStatus changed to Active
a year agoListing first seen on site
General Features
Acres 
0.15
Additional Property Use 
CommercialVacantWarehouse
Cross Street 
Marantette St. & Wabash St.
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
6173
SqFt Total 
6173
Stories 
One
Water Source 
Public
Zoning 
Commercial, Residential
Interior Features
Electric 
220 Volts
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Exterior Features
Construction Details 
BlockBrickConcrete
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Area05101DetSouthOfGrandRiver
Roads 
Paved
School District 
Detroit
Schools
School District
Detroit
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Downtown Realty: [email protected]



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Neighborhood & Commute
Source: Walkscore
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