$ 5,500
12947 E MCNICHOLS Road Detroit, MI 48205
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$ 5,500
Est. payment | /mo
4,791 Sqft Lot
$ 5,500
Est. payment | /mo
4,791 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240071515
Originating Board Realcomp
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 45.00 x 110.00
Property Description
Looking for that perfect small/medium infill project in the Von Steuben Community? 2 lots included, 12947 & 12937 E. McNichols, 8,780 square feet total. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. 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 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 that are otherwise available to the selected purchaser. The payment will be deterrmined 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 Residential
Direction N. of W. McNichols, W. of Gratiot
Exterior
Waterfront No
View Y/N No
Others
Tax ID W21I020280S
Acceptable Financing Cash
Listing Terms Cash
Listed by Bellabay Realty Tri Counties
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Tricia Carlson
REALTOR® | Lic# 6506048426