3369 ROOSEVELT Street Active

Detroit,MI 48208

$ 12000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240024462

Originating Board Realcomp

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 30.00 x 100.00

Property Description

New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. Sale includes 3363 and 3369 Roosevelt. 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 that are otherwise available to the selected purchaser. 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 Wayne County - 100

Zoning Residential

Direction E. of W. Grand Blvd., S. of Martin Luther King

Exterior

View Y/N No

Schools

School District Detroit

Others

Tax ID W12I010253S

Acceptable Financing Cash

Listing Terms Cash

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