8
See all 8 photos
$38,000
Est. payment /mo
3,049 Sqft Lot
Active
2647 W Forest Avenue Detroit, MI 48208
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251038915
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 29X100
Source Realcomp
Property Description
These are seven contiguous vacant lots available in the Core City neighborhood, including: 2633 W Forest Ave, 2641 W Forest, 2647 W Forest, 2651 W Forest, 2657 W Forest, 2665 W Forest, and 4488 Humboldt, with a combined total of approximately 0.44 acres. Situated near Grand River Ave and Buchanan St. Zoned residential, this bundle offers excellent potential for new construction/infill development. All lots must be purchased together and cannot be separated. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction Southeast on Grand River Ave, then west on Forest Ave
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID W10I000471S
Acceptable Financing Cash
Listing Terms Cash
Listed by Keller Williams Realty-Great Lakes
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