1798 WABASH ST Detroit MI 48216 MLS #20240042338

1798 WABASH ST
Detroit, MI, 48216
$900,000
Beds
0 Baths
6,173 SqFt
0 Acres
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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

Property Details

Price:
$900,000
MLS #:
20240042338
Status:
Active
Beds:
0
Baths:
0
Address:
1798 WABASH ST
Type:
Commercial
Subtype:
Real Estate Only
Subdivision:
SUB OF PT OF OL NO 1 LAFFERTY FARM PLATS
Neighborhood:
05101 – Det South Of Grand River
City:
Detroit
Listed Date:
Jun 16, 2024
State:
MI
Finished Sq Ft:
6,173
Total Sq Ft:
6,173
ZIP:
48216
Year Built:
1948
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Lia LoChirco

Lia LoChirco

Realtor®

Phone 586 321-9997

I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…

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Schools

School District:
Detroit

Interior

Exterior

Construction Materials
Block, Brick, Concrete

Financial

Taxes
$2,761

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1798 WABASH ST
Detroit, MI