MI > Wayne > Detroit > 5110 Chene St
  • MLS# 2200055631
Portrait of Eugene Kelley II
Listed by Eugene Kelley II

248-506-1257

Southfield

Contact Customer Care

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

248-208-3883

Small commercial building on a fairly decent sized lot. 5114 Chene is owned by city of Detroit and abuts property to the north. There is a possibility that the city will sell that parcel once someone takes ownership of this parcel. Plenty of potential for the right business owner. Bring your offers today. 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 and lot combinations 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. Please refer to DLBA proposal guidelines.

Property Information

Status
Pending 
Address
5110 Chene St 
City
Detroit 
Zip
48211 
Year Built
1910 
Subdivision
Reidys Sub 
Listing Date
07/28/2020 
Architecture
1 Story 
County
Wayne 
Above Grade SqFt
1,350 
Possession
At Close 
Price/SqFt
4.81 

School Information

School District
Detroit 

Taxes

Summer Taxes
$290 
Winter Taxes
$23 

Features

Current Use
Vacant 
Zoning
Commercial 
Water
Municipal Water 
Sub Property Type
Commercial 
Office Heat
Baseboard 
Heating
Baseboard 

Listing Video for 5110 Chene St, Detroit MI 48211

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
2200055631 Pending Active Sep 8 2020 6:16PM 42
2200055631 Active Jul 28 2020 6:38PM $6,500 42
School Information
Local Business

Learn More About This Listing

Portrait of Eugene Kelley II
Listed by Eugene Kelley II

248-506-1257

Southfield

Contact Customer Care

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

248-208-3883

Listing Broker

Real Estate One logo

Listing Courtesy of Real Estate One
Office Address 29100 Northwestern Hwy. Suite 110

Real Estate One Family of Companies

5110 Chene St Detroit
Contact us
$6,500
For Sale • Acres: 0.07 • Zoning: Commercial