MI > Wayne > Detroit > 4950 Martin St
  • MLS# 2200069601
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Super great investment opportunity offers open commercial space with upstairs 2 bedroom apartment and 2 car garage. 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 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.

Property Information

Status
Active 
Address
4950 Martin St 
City
Detroit 
Zip
48210 
Year Built
1917 
Subdivision
North Eastern Part Of Pc 719 (plats) 
Business Type
Medical, Office, Residential, Retail 
Listing Date
08/27/2020 
Architecture
2 Story 
County
Wayne 
Above Grade SqFt
1,841 
Possession
At Close 
Price/SqFt
8.15 

School Information

School District
Detroit 

Features

Total No. of Units
Current Use
None 
Zoning
Commercial, Multiple, Office 
Water
Municipal Water 
Sub Property Type
Commercial 
Office Heat
Hot Water 
Plant Heat
Hot Water 
Heating
Hot Water, Natural Gas 

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
2200069601 Active Aug 31 2020 5:14PM $15,000 97
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

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Listing Courtesy of Bellabay Realty Tri Counties
Office Address 37361 Eight Mile Road

Real Estate One Family of Companies

4950 Martin St Detroit
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$15,000
For Sale • Acres: 0.16 • Zoning: Commercial,Multiple,Office