2691 ROCHESTER Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48206
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240005926
Originating Board Realcomp
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 30 x 107
Property Description
Welcome to the latest offering from the Detroit land Bank Authority. 5 buildable lots waiting for your development ideas. Dexter/linwood area, right on the edge of Boston Edison will make a very vibrant and useful project for the up and coming developer. Area boasts over 27,782 sqft. of buildable land. Sale includes 2735, 2715, 2703,2697 Rochester as well. In addition there are additional lots for sale on the opposite side of the street also listed with the Detroit land bank authority. 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.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family,Residential
Direction lodge freeway south to chicago go west to linwood go north to rochester go west
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID 10002740.
Acceptable Financing Cash
Listing Terms Cash