$ 18,000
12098 FLANDERS Street Detroit, MI 48205
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$ 18,000
Est. payment | /mo
1,386 SqFt
$ 18,000
Est. payment | /mo
1,386 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,386 sqft
Price per Sqft $12
MLS Listing ID 20240071558
Originating Board Realcomp
Year Built 1983
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 25 x 395
Property Description
Looking for an automotive use building offered by the Detroit Landbank Authority? This one could be yours! Sale contingent on buyer/seller executed development agreement. 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.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial
Direction E of Gratiot, N. of E. Outer Drive
Interior
Heating Forced Air
Exterior
Waterfront No
View Y/N No
Building
Sewer Public
Water Public
Structure Type Block
Others
Tax ID 21011396.
Listed by Bellabay Realty Tri Counties
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Tricia Carlson
REALTOR® | Lic# 6506048426