**** This property has been tagged for a DLBA Rehab contract/agreement - all buyers will work directly with Landbank for agreement.... DLBA will provide plenty of time for repairs and provide many extensions to finish projects**** PROPERTY BEING SOLD "AS-IS". PROPERTY NEEDS TOTAL REHAB. SELLER DOING NO REPAIRS. INSPECTIONS TO BE DONE BY BUYER. PROPERTY IS BRICK AND HAS 3-BEDROOMS PER UNIT. IT HAS ALMOST 3,000SQ FT. ITS ACROSS FROM A SCHOOL AND BEHIND NEWER APARTMENT BUILDINGS. PRETTY GOOD LOCATION FOR RENTAL PROPERTY AND DOWN THE STREET FROM GRAND RIVER AND NOT FAR FROM GRAND BLVD, WHICH IS CONSISTENLY GROWING AND BRINGING BUSINESSES. SELLER MOTIVATED. BATVIA
Great Opportunity in Russell Woods Community. A complete restoration is needed. The Seller requires estimated rehab costs and Proof of Funds included with offer in order to purchase. 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.
New Opportunity to develop the previous Bailey's Bar and Grill and it's mixed use opportunity. This mixed-use development on Livernois is a vacant property that offers a range of opportunities for the next owner. Located in a prime location where Development is taking off in the community with Nardin Park and it's surrounding area. The property consists of six apartments, two storefronts previously Cleaners and Barbershop, and a Bar and Grill with a spacious full basement that can be utilized as office space, and not to mention all the land that comes with it. With its diverse range of spaces, the property holds immense potential for a variety of businesses and ventures. The development presents an exciting chance for the new owner to revitalize the property and contribute to the vibrant community. You don't want to miss the opportunity to develop what this building and area has to offer. The city of Detroit loves Mixed Use Development....BATVAI
PRICE IMPROVEMENT! We are excited to announce your next investment opportunity. Located in the Midwest Neighborhood of Detroit, this beautiful red brick three story home features 8 bedrooms, 2 full bathrooms and 2 half bathrooms. All bedrooms are generously sized for comfortable living, suitable for a large family or can be used as student housing. Towards the front includes a porch area and there is a driveway that provides access to the spacious backyard. This beautiful house is located only a few minutes from the Detroit Institute of Arts and the University of Detroit, Mercy. A very convenient location with close proximity to many schools, places of worship, shopping facilities and public transit. This investment is one of a kind you don�t want to miss! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.
Vacant lot located on high traffic W Chicago Street ready for your next business venture! 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 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.
Attention Investors/Builders. Residential Building Opportunity. This lot will only be sold by itself or with the adjoining lot, or as a 3 lot package. Seller does not have a survey. Seller does not have any official information about the past usage of these lots.
Attention Investors/Builders. Residential Building Opportunity. This is a middle lot. The 2 lots on either side of this lot are also for sale. This lot will only be sold with 1 of the 2 adjoining lots, or as a 3 lot package. Seller does not have a survey. Seller does not have any official information about the past usage of these lots.
Attention Investors/Builders. Residential Building Opportunity. This is a corner lot. The 2 lots next to this lot are also for sale. This lot can be sold by itself or as a 3 lot package. Seller does not have a survey. Seller does not have any information about the past usage of these lots.
GREAT REAL ESTATE OPPORTUNITY. 4 SHOPS MECHANIC AND COLLISION ALL LICENSES. NOTE PLEASE THIS ADDRESS IS INCLUDE 4 UNITS 4 BUILDING ..PIEASE FOR SHOWING CALL AGENT 313 9603333
GREEN ZONE Over 12,000 square feet of space available for use as a canabis facility. This is your prefect opportunity to open up shop for cultivation, growing, lab-testing and/or secure transport in the medical or recreational canabis world. If this is what you have been looking for - look no further. GREEN ZONE
Commercially zoned corner lot at a busy intersection, lots of potential for prospective buyer. All taxes are paid and ready for an easy transfer of ownership. Can be sold as a package deal along with 6000 E Mcnichols.
Great opportunity for experienced investors. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan with Proof of Funds, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. 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 & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
FANTASTIC COMMERICAL LOT! GREAT LOCATION !! AREA WITH TONS OF POTENTIAL! SEWER AND WATER HOOK UP AT LOT/STREET.
3128 sq ft BLDG on 3920 lot. Large 12 Ft Overhead Door. Multi-purpose use. Lot adjacent included in sale.
This is a land-based site. This property is sold with 11832, 11870,11892, 11920,11950 Ohio. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult DLBA proposal guidelines for land-based sites and DLBA Guide to Plot Plan, Site Design, and Maintenance. 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. BATVAI 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 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.
DEVELOPERS & INVESTOR SPECIAL: Looking to capitalize on the Detroit real estate BOOM? Now is your chance. This property is next to several lots owned by the City of Detroit not the Land Bank. You can build on this land, lease it or use for a parking lot. You can acquire the other lots from the City of Detroit.
12038-12000 Grand River Ave. Detroit Michigan 48204, formally it�s lime stone structure provided office space for banking evidenced by the two walk in vaults. Now the two limestone structures, 5,856 sq. ft. corner stone at Wyoming Ave. and Grand River Ave. are used as a community center and the 4,400 sq. ft. corner stone building at Grand River Ave. and Kentucky St. as a Religious Sanctuary. 12000 Grand River Ave., Sanctuary seats 150, Fellowship Hall, Kitchen, 3 Restrooms, 1 Classroom, 2 offices, Audio Room, Alarm System Both spaces are air conditioned and well maintained. Don�t let this rare opportunity get away, call for a ShowingTime appointment today!
CAR WASH, CAR WASH, CAR WASH! If you live in the motor city, you need a car wash. If opportunity presents its self like a final occurrence and only presents itself once, don't let a miss keep you from this opportunity! Car Wash location perfect for high volume service due high traffic count Grand River Avenue.
The median home value in Detroit, MI is $71,600. This is lower than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in Detroit, MI is $71,600. Approximately 36.89% of Detroit homes are owned, compared to 39.44% rented, while 23.66% are vacant. Detroit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Detroit real estate agent to arrange a tour today!
Detroit, Michigan 48204 has a population of 645,658. Detroit 48204 is less family-centric than the surrounding county with 16.17% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in Detroit, Michigan 48204 is $34,762. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Detroit 48204 is 35 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 33.5 inches per year, with 33 inches of snow per year.