Zoned B4, Commercial build opportunity within walking distance from Corktown, Social District, and Ford Train Station! 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.
Property Type :
Land
Subdivision :
J W Johnstons (also Page 33) (plats)
County :
Wayne
Style :
Land
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ByOwner last updated this listing 05/10/2024 @ 12:52
MLS: 24000540
LISTED BY: Natasha Talley, BellaBay Realty Tri-Counties
SOURCE: Michigan Regional Information Center (MichRIC)
Buyer Agency Description: The listing broker’s offer of compensation is made only to MichRIC member MLSs and a number of other MLSs throughout Michigan under a reciprocity agreement. For a current list visit mlshelp.com.
