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$ 30,000
Est. payment | /mo
3,920 Sqft Lot
$ 30,000
Est. payment | /mo
3,920 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240024509
Originating Board Realcomp
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 30 x 113
Property Description
Great building opportunity in the Woodbridge neighborhood! The lot is zoned residential, R2. Enjoy the amenities of living nearby businesses/restaurants such as Willa Flora Farm, Ochre Bakery, Fisheye Vegetable Farm, Yoga Studio, Core City Park, Velvet Tower, Brazilian Jiu-Jitsu, and Argentinian restaurant Barda. 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 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 Residential
Direction N. of Warren, E. of 12th
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID 08001411.
Acceptable Financing Cash
Listing Terms Cash
Listed by Bellabay Realty Tri Counties