Zoned B4, Commercial build opportunity within walking distance from Corktown, Social District, and Ford Train Station! Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the DLBA 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 abatement 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 abatement on the purchase and development financing.
General Information
Sale Price: $20,000
Price/SqFt:
Status: Active
MLS#: 20240024332
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: j w johnstons (also page 33) (plats)
Acres: 0.13
Lot Dimensions: 47 x 118
Size:
Acreage: 0.13 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0 Est. Winter Taxes: $0
Legal Description: W TILLMAN 156 J W JOHNSTONS SUB L1 P32-3 PLATS, W C R 12/42 46.87 IRREG
