805 Continental Street, Detroit, MI 48215 3918

$40,000

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List Price
$40,000
Status
ACTIVE
MLS#
60398837
Days on Market
506
Acres
0.14
Municipality
Detroit
Region
Detroit
Township
Detroit
Subdivision
St Clair Park

Property Description

THIS BUNDLE INCLUDES 833 Continental, 839 Continental, 821 Continental, 815 Continental, 805 Continental, 797 Continental, 845 Continental, 851 Continental, & 827 Continental AND MUST BE PURCHASED TOGETHER. Welcome to the newest offering from the Detroit Land Bank Authority! This unique opportunity features approximately 0.70 acres of vacant land in the up-and-coming Jefferson Chalmers neighborhood--an area known for its community revitalization and long-term investment potential. Whether you're an investor or developer, these spacious lots provide a prime location for future development. Don't miss your chance to be part of Detroit's continued growth and transformation! The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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.

Additional Information

Lot Dimensions
300 x 900
Water
Public
School District
Detroit City School District

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Listing Courtesy of Keller Williams Realty-Great Lakes, Office Phone: 586-541-4000

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.