REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 6,250
Est. payment | /mo
1,080 SqFt
$ 6,250
Est. payment | /mo
1,080 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1,080 sqft
Price per Sqft $5
Subdivision Mi
MLS Listing ID 40155056
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 30.00X132.00
Property Sub-Type Commercial/Industrial
Property Description
Brick structure offered by the Detroit Land Bank Authority. Needs a lot of work. Please use caution when showing. Can have multiple uses. Plenty of storage options. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Commercial
Exterior
Roof Type Other-See Remarks
Building
Foundation Slab
Water Public Water
Structure Type Brick
Others
Ownership Government Owned
Energy Description Electric
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Real Estate One-Southfield
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