Fantastic Investment Opportunity in North Corktown! This newly constructed 6-unit apartment complex is ideally situated just minutes from Ford Central Station, top-notch dining, shopping, and the vibrant heart of downtown Detroit. These two separate 3-unit buildings are perfectly suited for lucrative short-term rental opportunities. Each unit is thoughtfully designed with contemporary finishes, ensuring tenant satisfaction and maximizing rental income. The proximity to Ford Central Station and downtown Detroit ensures a constant stream of potential tenants, whether they be business travelers, tourists, or city dwellers looking for convenience and style.North Corktown is a burgeoning neighborhood with a unique blend of historic charm and revitalization. This presents a remarkable opportunity for long-term appreciation in property value, making it a smart addition to any investment portfolio.
Unlock the potential of urban living in the heart of Detroit with this extraordinary vacant lot. Boasting coveted residential zoning, this property presents a rare opportunity for those with a vision of city life. Situated in the dynamic landscape of downtown Detroit, this vacant lot is a blank canvas awaiting your creative touch.
Welcome to a prime commercial opportunity in the heart of North Corktown, where endless possibilities await in this single-story raw commercial space. This expansive property, zoned R2, provides an ideal canvas for entrepreneurs and investors looking to make their mark in one of Detroit's most sought-after neighborhoods. Key Features:* Zoning: R2, allowing for flexible use and potential for up to three stories of development, providing exceptional versatility for your business vision.* Construction: Built to last, this property features sturdy concrete block construction, ensuring durability and security. * Space: With a generous 3,100 square feet of open space, you have ample room to design and customize your business to suit your specific needs and branding.* Parking/Expansion: The property comes with an additional 3,100 square foot lot, perfect for parking, outdoor expansion, or potential future development. The rear alley access enhances the property's accessibility and flexibility. * Location: Nestled in the heart of North Corktown, this property is surrounded by a vibrant mix of historic charm and new construction condos. This location offers high visibility and accessibility, ensuring that your business can thrive in this growing community. North Corktown is known for its unique blend of historic character and contemporary urban living, making it an attractive destination for both residents and visitors. The neighborhood's proximity to downtown Detroit and its thriving cultural scene provides ample opportunities for businesses to flourish. Whether you're dreaming of a trendy new cafe, a boutique retail shop, a gallery, or any other commercial venture, this raw commercial space with build potential is an exceptional opportunity. Embrace the spirit of North Corktown and turn this property into the next exciting destination in this thriving, growing, developing community.
We are pleased to offer 2615 Rosa Parks for sale. The 15,000-square-foot redevelopment opportunity is conveniently located in North Corktown and within walking distance to Ford's Michigan Central and all of Corktown. The .87 Acre lot allows for future development or expansion.
Fantastic opportunity to own Commercial property in a high traffic location in Southwest Detroit. Main Street Exposure. 4 units in total. Business possibilities are endless. BATVAI.BTVAI
Welcome to the latest offering from the Detroit Land Bank Authority. Prime lot located in North Corktown ready for development. 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 and/or 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
Development opportunity available in North Corktown. This 3,093-square-foot lot is located in a dense area of North Corktown with close proximity to Michigan Central Station, Corktown, and Downtown.
Vacant lot in the Chadsey Condon neighborhood. Close to expressways and Downtown Detroit! This bundle includes 2865, 2861, 2855, 2849, 2843, 2837, 2831 Williams. Total price is 33,000. 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.
Vacant lot in the Chadsey Condon neighborhood. Close to expressways and Downtown Detroit! This bundle includes 2865, 2861, 2855, 2849, 2843, 2837, 2831 Williams. Total price is 33,000. 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.
Vacant lot in the Chadsey Condon neighborhood. Close to expressways and Downtown Detroit! This bundle includes 2865, 2861, 2855, 2849, 2843, 2837, 2831 Williams. Total price is 33,000. 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.
Vacant lot in the Chadsey Condon neighborhood. Close to expressways and Downtown Detroit! This bundle includes 2865, 2861, 2855, 2849, 2843, 2837, 2831 Williams. Total price is 33,000. 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.
Vacant lot in the Chadsey Condon neighborhood. Close to expressways and Downtown Detroit! This bundle includes 2865, 2861, 2855, 2849, 2843, 2837, 2831 Williams. Total price is 33,000. 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.
Vacant lot in the Chadsey Condon neighborhood. Close to expressways and Downtown Detroit! This bundle includes 2865, 2861, 2855, 2849, 2843, 2837, 2831 Williams. Total price is 33,000. 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.
Vacant lot in the Chadsey Condon neighborhood. Close to expressways and Downtown Detroit! This bundle includes 2865, 2861, 2855, 2849, 2843, 2837, 2831 Williams. Total price is 33,000. 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.
Vacant lot in the Chadsey Condon neighborhood. Close to expressways and Downtown Detroit! This bundle includes 3094 24th St, 3102 24th St, 3086 24th St, and 3078 24th St. Total price is 15,500. 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.
Vacant lot in the Chadsey Condon neighborhood. Close to expressways and Downtown Detroit! This bundle includes 3094 24th St, 3102 24th St, 3086 24th St, and 3078 24th St. Total price is 15,500. 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.
Vacant lot in the Chadsey Condon neighborhood. Close to expressways and Downtown Detroit! This bundle includes 3094 24th St, 3102 24th St, 3086 24th St, and 3078 24th St. Total price is 15,500. 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.
Vacant lot in the Chadsey Condon neighborhood. Close to expressways and Downtown Detroit! This bundle includes 3094 24th St, 3102 24th St, 3086 24th St, and 3078 24th St. Total price is 15,500. 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.
Great Investment Opportunity! This lot is being sold as a bundle with 2433 Ash, Detroit, 2439 Ash, Detroit, 3094 17th, Detroit, and 2427 Ash, Detroit (MLS#20230031139, 20230031143, 20230031145, 20230031137) for $38,400. Great location! Short commute to several local freeways. Minutes from Corktown and so much more. This is a land-based site. 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 our proposal guidelines for land-based sites and our 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. 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.
Great Investment Opportunity! This lot is being sold as a bundle with 2433 Ash, Detroit, 2439 Ash, Detroit, 2427 Ash, Detroit, and 3106 17th, Detroit (MLS#20230031139, 20230031143, 20230031137, 20230031148) for $38,400. Great location! Short commute to several local freeways. Minutes from Corktown and so much more. This is a land-based site. 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 our proposal guidelines for land-based sites and our 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. 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.
Vacant land in a prime location near the brand new developments, the Corner, the Tiger Towns at the Corner and the $150,000,000 Elton Park development. Lot size is 20 x 100. Currently zoned as B4. Potential opportunity for a food truck courtyard! Just steps from all the new exciting Ford Motor expansion.
Welcome to the latest inclination from Detroit Land Bank Authority. Also included 2871 17th, 2877 17th, 2517 Butternut, 2527 Butternut, 2893 17th, 2521 Butternut, 2887, 17th, 2903 17th. This is a residential infill development site. 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. 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
Proposals Due 1/24/2020. Vacant Land located in the heart of the highly desired North Corktown. Lot size is 25ft x 115ft. Seller requires new Single Family Residence to be completed within 540 days of Closing. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. The Seller requires a new build proposal with offer. The Purchaser shall present construction plans or precedent architectural images of proposed development. Proposal requirements are attached to listing. Seller Addendum's to be provided upon acceptance of qualifying offer.
The median home value in Detroit, MI is $53,400. This is lower than the county median home value of $80,100. The national median home value is $219,700. The average price of homes sold in Detroit, MI is $53,400. Approximately 34.11% of Detroit homes are owned, compared to 36.73% rented, while 29.17% 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 48216 has a population of 679,865. Detroit 48216 is less family-centric than the surrounding county with 14.69% of the households containing married families with children. The county average for households married with children is 25.33%.
The median household income in Detroit, Michigan 48216 is $27,838. The median household income for the surrounding county is $43,702 compared to the national median of $57,652. The median age of people living in Detroit 48216 is 34.7 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 33.3 inches per year, with 30.4 inches of snow per year.