1798 Wabash Street
Detroit, MI 48216
- 4 beds
- 3 baths
- 6,173 sqft
- 6,534 sqft lot
- $145 per sqft
- 1948 build
- – on site
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
Last checked:
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Checking…
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Last updated Dec 11, 2024
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MLS# 20240046886 —
The Building
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Year Built:1948
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New Construction:false
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Construction Materials:Block, Brick, Concrete
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Architectural Style:Other
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Levels:One
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Entry Location:Ground Level
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Basement:false
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Foundation Details:Slab
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Above Grade Finished Area:6173.0
Interior
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Fireplace:false
Room Dimensions
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Living Area:6173.0
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Living Area Source:Measured
Location
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Directions: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.
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Cross Street:Wabash st. and Marantette st.
The Property
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Parcel Number:W08I008716S
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Property Type:Residential
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Property Sub Type:SingleFamilyResidence
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Lot Size Acres:0.15
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Lot Size Area:0.15
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Lot Size Dimensions:50x130
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Lot Size Units:Acres
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Road Frontage Feet:50
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (248) 906-5926
- Office phone:
- (313) 466-7253
Taxes
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Tax Legal Description:E WABASH 60 SUB OF PT OF O L NO 1 LAFFERTY FARM L1 P193 PLATS, W C R 8/21 50 X 130
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Tax Assessed Value:30794
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Tax Annual Amount:2761.0
Beds
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Bedrooms Total:4
Baths
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Bathrooms Total:3
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Bathrooms Full:1
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Bathrooms Half:2
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:ENERGYSTARQualifiedFurnaceEquipment, NaturalGas, Radiant, SpaceHeater
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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High School District:Detroit
The Community
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Subdivision Name:SUB OF PT OF OL NO 1 LAFFERTY FARM (PLATS)
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Senior Community:false
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Pool Features:None
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Waterfront:false
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Association:false
Parking
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Garage:true
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Garage Spaces:1.0
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Attached Garage:true
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Parking Features:OneCarGarage, Attached
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2024 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for 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.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2024 Realcomp II Ltd. Shareholders.
Monthly cost estimate
Asking price
$900,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,819
|
| Taxes | $230 |
| Insurance | $247 |
| Utilities | $268 See report |
| Total | $5,564/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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11/27/24
Nov 27, 2024
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Listed / Active | REALCOMP | $900,000 |
