Detroit, MI 48205,11850 E McNichols Road
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Detroit, MI 48205,11850 E McNichols Road
Detroit, MI 48205,11850 E McNichols Road
Detroit, MI 48205,11850 E McNichols Road
Detroit, MI 48205,11850 E McNichols Road
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Realty Executives Showcase Commercial

Realty Executives Showcase Commercial

+1(586) 726-4600
$ 50,000
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11850 E McNichols Road Detroit, MI 48205

2,214 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 2,214 sqft

Price per Sqft $22

Subdivision Drennan & Seldons Lasalle College Park

MLS Listing ID 20251040444

Year Built 1960

Annual Tax Amount $12,242

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 40X100

Property Sub-Type Real Estate Only

Source Realcomp II Ltd

Property Description

Commercial Building Opportunity in LaSalle College Park Neighborhood – Detroit Land Bank Owned. Fantastic opportunity to restore this commercial building property in the LaSalle College Park neighborhood of Detroit. 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. BATVAI. IDRBNG.

Location

State MI

County Wayne

Area Det 8 To Gratiot/Houston To 7

Zoning Commercial

Direction Go south on Hoover, then left on E McNichols

Exterior

Road Frontage Paved

Building

Foundation Slab

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Block,Brick

Schools

School District Detroit

Others

Tax ID W21I020074C5

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Full Service


Realcomp MLS
Listed by Erick Monzo of Keller Williams Realty-Great Lakes

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Realty Executives Showcase Commercial

+1(586) 726-4600

showcasecommercial@realtyexecutives.com

11850 E McNichols Road