2861 WILLIAMS Street Active

Detroit,MI 48216

$ 4500

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20230031121

Originating Board Realcomp

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 30 x 87

Property Description

Vacant lot in the Chadsey Condon neighborhood. Close to expressways and Downtown Detroit! This bundle includes 2865, 2861, 2855, 2849, 2843, 2837, 2831 Williams. Total price is 33,000. 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 DLBA 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 abatement 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 abatement on the purchase and development financing.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Residential

Direction North of Michigan Ave and East of W Grand Blvd

Exterior

View Y/N No

Schools

School District Detroit

Others

Tax ID 12007217.

Acceptable Financing Cash

Listing Terms Cash

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