$8,000
$25,000
68.0%For more information regarding the value of a property, please contact us for a free consultation.
2,000 SqFt
SOLD DATE : 01/19/2021
Key Details
Sold Price $8,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $4
Subdivision Drennan & Seldons Lasalle College Park (Plats)
MLS Listing ID 2200094934
Sold Date 01/19/21
Originating Board Realcomp II Ltd
Year Built 1960
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 40.00X100.00
Property Description
Remarks: Great opportunity in the City of Detroit to own your own business. Looking for a buyer to rehab this commercial property. The seller is the Detroit Land Bank Authority. 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.BATVAI
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Zoning Commercial
Direction 94 EAST TO GRATIOT MAKE LEFT ONTO GUNSTON AVE, TAKE GUSTON TO MCNICHOLS MAKE A RIGHT
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Pool No
Road Frontage Paved
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I020074C5
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with RCH Brokerage Legacy Inc