15310 LA SALLE Boulevard Active

Detroit,MI 48238

$ 20000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240080324

Originating Board Realcomp

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 126 x 100

Property Description

This property is zoned B4. 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 DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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. See attached documents for DLBA requirements and offer submission info. BATVAI Please see attached documents for DLBA requirements and offer submission information.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Commercial

Direction Take Fenkell headed east pass Livernois. Property on the left side at the corner of LaSalle.

Exterior

View Y/N No

Others

Tax ID 08005055.

Acceptable Financing Cash

Listing Terms Cash

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