9
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$60,000
Est. payment /mo
5,662 Sqft Lot
Active
5773 Wabash Street Detroit, MI 48208
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251037277
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 40X144.23
Source Realcomp
Property Description
Great infill opportunity located close to Motown Museum and Henry Ford expansion. Billions of dollars earmarked for development in the vicinity. 3lots included, 5767, 5773 Wabash and 2105 Antoinette, for a total of $60,000 and cannot be sold separately. Zoned R2 Residential. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. 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.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction N. of I-94, W. of Rosa Parks Blvd.
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID W10I004619S
Acceptable Financing Cash
Listing Terms Cash
Listed by Bellabay Realty Tri Counties
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