We discuss possible application of the classical double copy procedure to construction of a generalisation of the Schwarzschild metric starting from an -corrected open string analogue of the Coulomb solution. The latter is approximated by a point-like charge solution of the Born-Infeld action, which represents the open string effective action for an abelian vector field in the limit when derivatives of the field strength are small. The Born-Infeld solution has a regular electric field which is constant near the origin suggesting that corrections from the derivative terms in the open string effective action may be small there. The generalization of the Schwarschild metric obtained by the double copy construction from the Born-Infeld solution looks non-singular but the corresponding curvature invariants still blow up at . We discuss the origin of this singularity and comment on possible generalizations.