UPDATED:
Key Details
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 26,787 sqft
Price per Sqft $24
Subdivision Ranneys Blvd Sub
MLS Listing ID 20251042828
Year Built 1922
Annual Tax Amount $93,540
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 102.4X120
Property Sub-Type Business And Real Estate
Source Realcomp II Ltd
Property Description
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 Det South Of Grand River
Zoning Commercial
Direction BETWEEN CHICAGO BLVD AND WEBB /BETWEEN HAMILTON AND ROSA PARKS
Interior
Heating Baseboard, Space Heater, Wall Furnace
Heat Source Natural Gas
Exterior
Road Frontage Class A
Building
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 3 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W06I002879S
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional, Warranty Deed
Listing Terms Cash, Conventional, Warranty Deed
Financing Cash,Conventional,Warranty Deed
Special Listing Condition Full Service
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