Harding Real Estate Team
SQUARE FEET2,214
MLS#20251040444
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIOND R E N N A N S E L D O N S L A S A L L E C O L L E G E P A R K
SCHOOLDetroit
Property Description
Commercial Building Opportunity in LaSalle College Park Neighborhood - Detroit Land Bank Owned. Fantastic opportunity to restore this commercial building property in the LaSalle College Park neighborhood of Detroit. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing. BATVAI. IDRBNG.
Property Features
Property Type: Commercial - Business
Lot Size: 0.09 Acres
Taxes: $12,242
Year Built: 1960
Feature Descriptions
Days on Site: 364
Exterior: Block, Brick
Lot Dimensions: 40X100
Parcel#: W21I020074C5
Sewer: Public Sewer
Summer Tax: 5490
Water: Public
Winter Tax: 6752
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty-Great Lakes
Agency Phone: 5865414000
Shown By
Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty
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Agent License Information: Brokerage/Company License Number: MI-65-05366134
11850 E Mcnichols Road | MLS# 20251040444
This commercial property located at 11850 E Mcnichols Road, Detroit, Mi 48205 is currently listed for sale with an asking price of $50,000. E Mcnichols Road is located within the Detroit school district. Search Detroit real estate on www.hardingrealestateteam.com today.