Detroit MI Real Estate & Land For Sale

Welcome to the latest offering from the Detroit Land Bank Authority. 3 buildable commercial lots on a well traveled road. Bring your plans and your ideas. Over 10,000 sqft of buildable space available in this bundle. Sale includes, 2607 and 2613 Fort st. as well. The lots are Zoned B-4 and a commercial structure should be considered here. 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/or 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.

Embrace the potential of this vacant land located in the heart of Detroit. A perfect canvas for developers and investors seeking to capitalize on Detroit's burgeoning real estate market.Land contract terms available.

Huge almost 2 acre commercial lot, great location near commercial/industrial area, lot size is 360ft x 220ft, zoned M4 (heavy industrial), could possibly be developed into Gas Station, Retail Storefront, Medical Facility, Car Wash, Parking Structure, Medical Marijuana, Truck Repair Facility, along with many other possible uses, property is located near Marathon Gas Terminal, close to Major Highways, 1.82 acres, buyer & buyer's agent to verify all listing information, see city for exact zoning uses available, all data apx.