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$900,000
20240042338 MLS
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

1798 Wabash St, Detroit

Courtesy of Realtyflo Inc 3134667253
$246,000
2 Beds ⋅ 2 Baths ⋅ 20240055310 MLS
Historic Corktown Workers Cottage. In one of Detroit's hottest communities. The last property available. Very few sales in this area. Walking distance to the Ford Michigan Central Station (about 900 feet). Across the street from the Ford Corktown Information Center. Walking distance to where the new Detroit City Football Club Stadium will be constructed. Walking distance to restaurants and entertainment. 9'10" ceilings. Requires complete rehab. We can assist in finding reconstruction loans and project management. We highly recommend Michael Gordon from MGA Architects to design a million dollar property. A partner was going to renovate the property but is booked with other projects for several more years. We intended to tear down the newer rear addition, pickup the whole house and put a new full basement under it (with very high ceilings). Replace the removed portion with a new entertainer's kitchen, chef's kitchen, master suite and garage. Buyer's Agent to verify all information. Buyer to pay $595 Doc Fee. We can assist in having the property renovated to your desires. Using our recommended architect the ARV should be somewhere be somewhere north of $800,000.

2241 Vermont St, Detroit

Courtesy of Turnkey Complete Realty 2484103221