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Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Sold
Purchase Type For Sale
Square Footage 100 sqft
Price per Sqft $4,800
Subdivision Ranneys Blvd Sub
MLS Listing ID 20251042828
Year Built 1922
Lot Size 0.280 Acres
Property Sub-Type BusinessandRealEstate
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 Area05101Detsouthofgrandriver
Interior
Heating Baseboard, Natural Gas, Space Heater, Wall Furnace
Exterior
View Y/N No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Acceptable Financing Cash, Conventional, WarrantyDeed
Listing Terms Cash, Conventional, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
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Bought with Berkshire Hathaway HomeServices The Loft Warehouse
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