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$650,000
Est. payment /mo
26,787 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 26,787 sqft
Price per Sqft $24
MLS Listing ID 20251042828
Year Built 1922
Annual Tax Amount $93,540
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 102.4X120
Source Realcomp
Property Description
1610 Collingwood – Prime Detroit Investment Opportunity | $650,000Discover 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 upsideWith 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 potentialBring your vision and unlock the full potential of 1610 Collingwood!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial
Direction BETWEEN CHICAGO BLVD AND WEBB /BETWEEN HAMILTON AND ROSA PARKS
Interior
Heating Baseboard, Space Heater
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W06I002879S
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Listed by Golden Key Realty Group LLC
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