2134 CADILLAC Boulevard Active

Detroit,MI 48214

$ 20200

- Bed

0 Bath

9690 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,690 sqft

Price per Sqft $2

MLS Listing ID 20240071837

Originating Board Realcomp

Year Built 1912

Annual Tax Amount $100

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50.00 x 125.00

Property Description

Bring your hard hat and let's bring your vision to life with this apartment building offering over 9,690 square feet, 3 stories and located in East village. This great investment opportunity is located minutes from Eastern Market, Indian Village and Downtown Detroit at an amazing price. 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 Multi-Family,Residential

Direction N. of Kercheval, E. of McClellan

Exterior

Waterfront No

View Y/N No

Building

Sewer Public

Water Public

Structure Type Brick

Others

Tax ID W19I004913S

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