12098 FLANDERS Street, Detroit, MI 48205 - MLS#20240071558

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Jay Fontaine

jay@fontainerealtyteam.com +1(734) 718-7425

$18,000

Est. payment - /mo

1,386 SqFt

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UPDATED:

10/07/2024 03:13 PM

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 1,386 sqft

Price per Sqft $12

Subdivision Hardy Sub Of Lots 1 3 4 5

MLS Listing ID 20240071558

Originating Board Realcomp II Ltd

Year Built 1983

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 25 x 395

Property Description

Looking for an automotive use building offered by the Detroit Landbank Authority? This one could be yours! 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 Det Con-Mors/Grat. Hstn/7 Mack

Zoning Commercial

Direction E of Gratiot, N. of E. Outer Drive

Interior

Heating Forced Air

Exterior

Waterfront no

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 1 Story

Structure Type Block/Concrete/Masonry

Schools

School District Detroit

Others

Tax ID 21011396.

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Rebuilt Year 1983

Listing Terms Cash

Financing Cash

Special Listing Condition Full Service

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Listed by Natasha C Richards of Bellabay Realty Tri Counties

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Jay Fontaine

+1(734) 718-7425

Broker | License ID: 370315

Broker License ID: 370315

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