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$50,000
Est. payment /mo
3,850 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 3,850 sqft
Price per Sqft $12
Subdivision Michael Greiner Estate (Plats)
MLS Listing ID 20250020449
Year Built 1939
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type BusinessandRealEstate
Property Description
Attention investors! This commercial property from the Detroit Land Bank Authority is brimming with potential, offering a blank slate for your vision. Whether you're looking to restore its historic charm or transform it into a modern business space, this opportunity is ready for your expertise. With solid bones and a prime location, the possibilities are endless—revitalize, reimagine, and reap the rewards of this promising investment! Please note that the DLBA 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 abatement 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
Location
State MI
County Wayne
Area Area05054Det8Togratiothoustonto7
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
View Y/N No
Building
Foundation Basement, Poured
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition GovernmentOwned, ShortSaleNo
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Listed by Erick Monzo of Keller Williams Realty-Great Lakes
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