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$ 55,000
Est. payment /mo
Active
3045 Mount Elliott ST Detroit, MI 48207
1,047 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 1,047 sqft
Price per Sqft $52
Subdivision Alex T Fischers Sub
MLS Listing ID 20251021260
Year Built 1910
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type RealEstateOnly
Property Description
Bring This Previous Heidelberg Commercial Building Back to Life! This investment opportunity is one you don't want to miss! There are two lots also included in the sale, 3033 & 3039 Mt. Elliott. Steps away from the Heidelberg Projects, any business opportunity would be well worth it. 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 Area05053Detwoodwardmcclellansomack
Interior
Fireplace No
Exterior
View Y/N No
Garage false
Building
Foundation Slab
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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