18110 WEAVER Street Active

Detroit,MI 48228

$ 35651

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240007161

Originating Board Realcomp

Lot Size 0.860 Acres

Acres 0.86

Lot Dimensions 228.00 x 164.00

Property Description

Welcome to the latest offering from the Detroit land Bank authority. over 37,000 sq ft of commercial space waiting for your development ideas located in the Franklin Park subdivision. This is a land-based site. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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 Commercial

Direction Southfield fwy to plymouth follow service drive to weaver

Exterior

View Y/N No

Schools

School District Detroit

Others

Tax ID W22I068254S002L

Acceptable Financing Cash

Listing Terms Cash

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