18572 BINDER Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48234
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $1
MLS Listing ID 20230040781
Lot Size 0.280 Acres
Property Description
Vacant brick building offered by the Detroit Land bank Authority. Needs full reno. Located in the Conant Gardens 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
Interior
Heating Forced Air
Exterior
Waterfront No
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick