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1798 Wabash Street

Detroit, MI 48216
  • $900,000
  • STATUS: Active
  • ON SITE: 312 Days
  • MLS #: 20240042338
$900,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,173
    SQFT
  • $146
    $/SQFT
Type:
Commercial
Built:
1948
County:
Zoning:
Commercial,Residential
Lot Size Dimensions:
50.00 x 130.00

School Ratings & Info

School District:

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

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IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-04-24T23:59:38.257.
www.bhhssnyder.com/homes/151728326
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1798 Wabash Street Detroit, MI 48216

  • Price: $900,000
  • Status: Active
  • On Site: 312 Days
  • MLS #: 20240042338
0
Beds
0
Baths
0
½ Baths
0.15
Acres
6,173
SQFT
$146
$/SQFT
1948
Built
Neighborhood:
Sub Of Pt Of Ol No 1 Lafferty Farm (Plats)
County:
Wayne
Area:
Det South Of Grand River
School District:
DETROIT
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
Exterior Features

Architecture Level 1 Story Construction Materials BlockBrick Lot Size Dimensions 50.00 x 130.00 Road Frontage Feet 50 Road Frontage Type Paved Waterfront YN No

Interior Features

Commercial Utilities 220V Available Sq Ft Main 6173

Property Features

Assessment 100.00 Commercial Type Real Estate Only Existing Lease YN No Gross Scheduled Income 0.00 Inventory Included YN No Land Contract YN No Listing Financing CashConventional Net Operating Income 0.00 Operating Expense 0.00 Ownership Status Short Sale - NoPrivate Owned Possession Close Plus 30 Days Postal City Detroit Protection Period 90 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 2471.0000 Tax Amount Winter 290.0000 Title Standard (Private) Total Tax 2761.0000 Unparsed Address 1798 WABASH Street Water Source Public (Municipal) Zoning CommercialResidential

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Downtown Realty: (313) 466-7253 and Realcomp, ©2025 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-04-24T23:59:38.257.
 
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