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Active
12098 FLANDERS ST Detroit, MI 48205
1,386 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 1,386 sqft
Price per Sqft $12
Subdivision Hardy Sub Of Lots 1 3 4 5
MLS Listing ID 20240071558
Year Built 1983
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type RealEstateOnly
Property Description
Looking for an automotive use building offered by the Detroit Landbank Authority? This one could be yours! Sale contingent on buyer/seller executed development agreement. 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.
Location
State MI
County Wayne
Area Area05055Detconmorsgrathstn7Mack
Interior
Heating ForcedAir
Fireplace No
Exterior
Parking Features ParkingLot
View Y/N No
Building
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition GovernmentOwned, ShortSaleNo
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Listed by Natasha C Richards of Bellabay Realty Tri Counties
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