Welcome to the latest offering from the Detroit Land Bank Authority. Over 3500 sqft of space on a major street just minutes from Downtown Detroit. Need a full rehab. Show with caution! Be advised that all potential buyers are required to prepare a proposal/proforma in order to qualify to purchase. DLBA proposal guidelines are attached for review 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. Please refer to DLBA proposal guidelines
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
