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$650,000
Est. payment /mo
26,787 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 26,787 sqft
Price per Sqft $24
Subdivision Mi
MLS Listing ID 60942626
Annual Tax Amount $93,540
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 102.4X120
Property Sub-Type Commercial/Industrial
Property Description
1610 Collingwood – Prime Detroit Investment Opportunity | $650,000 Discover a rare gem in the heart of Detroit's historic district! 1610 Collingwood offers incredible potential for investors and developers looking to transform a property with strong bones and timeless character. This vacant building boasts a solid structure and beautiful historic lobby, setting the stage for a remarkable restoration project. The property features a versatile unit mix of one-bedroom, two-bedroom, and three-bedroom layouts - perfect for attracting a wide range of future tenants. This property is blank canvas ready for redevelopment, it can be transformed into a stabilized income producing asset with significant equity upside With a listing price of $650,000, this property presents an unbeatable opportunity to add value in one of Detroit's most promising areas. PROPERTY IS BEING SOLD AS IS , AGENT AND BUYERS AGENT TO VERIFY ALL THE INFO AGENT IS RELATED TO THE SELLER ? Highlights     •    Vacant building ready for rehab     •    Strong structure with historic character     •    Mix of 1BR, 2BR, and 3BR units     •    Beautiful historic lobby     •    Prime location near bus routes & amenities     •    Incredible upside investment potential Bring your vision and unlock the full potential of 1610 Collingwood!
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Commercial
Interior
Heating Baseboard, Space Heater
Building
Water Public Water
Structure Type Brick
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by Golden Key Realty Group LLC
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