11
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$55,000
Est. payment /mo
1,047 SqFt
Active
3045 Mount Elliott Street Detroit, MI 48207 3406
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1,047 sqft
Price per Sqft $52
Subdivision Mi
MLS Listing ID 60922625
Annual Tax Amount $100
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 41X100
Property Sub-Type Commercial/Industrial
Property Description
Bring This Previous Heidelberg Commercial Building Back to Life! This investment opportunity is one you don't want to miss! There are two lots also included in the sale, 3033 & 3039 Mt. Elliott. Steps away from the Heidelberg Projects, any business opportunity would be well worth it. Sale contingent on buyer/seller executed development agreement. 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.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Commercial
Building
Foundation Slab
Water Public Water
Structure Type Other
Others
Ownership Government Owned
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Bellabay Realty Tri Counties