$19,900
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1,411 SqFt
SOLD DATE : 06/27/2025
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Sold
Purchase Type For Sale
Square Footage 1,411 sqft
Price per Sqft $8
Subdivision Scovels (Plats)
MLS Listing ID 20240084265
Sold Date 06/27/25
Year Built 1936
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type RealEstateOnly
Property Description
This property presents an exciting opportunity for an investor or business owner with vision. Located in a thriving area, this commercial building is ready for its next chapter. While it does need some TLC, its potential is undeniable—transform it into the vibrant gem it once was. Whether you're looking to restore it to its former glory or give it a fresh, modern twist, this is the perfect project for someone eager to make their mark in a highly sought-after neighborhood. Don't miss your chance to turn this diamond in the rough into a true asset for the community! 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.
Location
State MI
County Wayne
Area Area05101Detsouthofgrandriver
Interior
Fireplace No
Exterior
View Y/N No
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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