12098 FLANDERS Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48205 3710
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1,386 sqft
Price per Sqft $12
Subdivision Mi
MLS Listing ID 60345189
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 25 x 395
Property Sub-Type Commercial/Industrial
Property Description
Looking for an automotive use building offered by the Detroit Landbank Authority? This one could be yours! Sale contingent on buyer/seller executed development agreement. 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 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.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Commercial
Interior
Heating Forced Air
Building
Water Public Water
Others
Ownership Government Owned
Financing Cash