MLS Public Remarks Great property for infill building located in Elmwood Park. Vacant Lot (3650 Vernor) is included in the deal. Totol= 112,334 sqft. Lot in walking distance from Detroit's Eastern Market and minutes from Downtown Detroit. Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF or Pre-App letter on a new construction loan. 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. BATVAI Please see attached documents for DLBA requirements and offer submission information.
http://www.www.realestateone.com.com/2200052792
Mailing City Detroit
Township Detroit
Directions HEAD EAST ON VERNON ST PASS CHENE MAKE RIGHT ONTO MT ELLIOTT PROPERTY ON THE RIGHT SIDE
Fin Below Grd SqFt 0
Total Fin SqFt 0
Unfinished SqFt 0
Above Grade Finished SqFt 0
Lower Level Square Footage 0
CDOM 993
Year Built 0
Days on Market 993
Land Assessment -
Improvements $500000
Acreage 0.83
Taxes -
Tax Year -
Summer Taxes -
School District Detroit
Winter Taxes -
Subdivision Elmwood Park Urban Renewal Plat No 3 (also P63-70)
Lower Level Square Footage 0
Waterview N
Waterfront N
For Lease/Rent N
Est. Total Acres 0.83
Lot Dimensions 126.00X290.00
WaterFrontage
0
Lot Size 0.83
Garage 0.0
Sewer Public Sewer (Sewer-Sanitary)
Zoning Residential
Possession At Close
Subagent Commission New
Status Change Date 07/14/2020
Internet/IDX Y
Co-Listing Agent Name Clarence Wilson
Listing Office
Rch Brokerage Legacy Inc
Office Address
21411 Civic Center Dr Ste 2200
Listing Number
2200052792
THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Wednesday, March 29, 2023. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
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