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Active
3523 BALDWIN Street Detroit, MI 48214
4,356 Sqft Lot
UPDATED:
10/22/2024 01:41 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20230101671
Originating Board Realcomp
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 45 x 100
Property Description
Welcome to the latest offering from the Detroit Land Bank AuthoritySingle buildable lot in the much sought after Island view community. 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 neighborhoodAt this time the DLBA is looking for Townhomes and Duplexes. Ideally if the buyer owns the adjacent parcel then it would be ideal. 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 Residential
Direction East Grand blvd south to mack go east to Baldwin go south
Exterior
View Y/N No
Others
Tax ID 170116145
Acceptable Financing Cash
Listing Terms Cash
Listed by Real Estate One-Southfield