Great property for infill building located in Detroit's North End neighborhood. This property is bundled with 410, 416, 420, 426 E Euclid. A total of 5 lots. Totaling 18,390 sqft. Not sold separately. Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF OR Pre- App letter on a new construction loan. BATVIA. 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. Please see attached documents for DLBA requirements and offer submission information.
Property Type :
Vacant Land
County :
Wayne
Style :
Vacant Land
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ByOwner last updated this listing 06/15/2024 @ 16:10
MLS: 577994003
LISTED BY: Leonard A Pickett III , RCH Brokerage Legacy Inc
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: $1000
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
