$3,900
For Sale

6460 CYMBAL

DETROIT, MI 48211
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Description

Welcome to the latest offering from the Detroit Land Bank Authority. Commercial structure on a large vacant lot. Set in an industrial setting, Possibilities abound. Zoned M4, there is plenty of room to roam. Renovate the existing structure or start all over with your own design. Licensed agent to accompany all showings. 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.
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  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1961
  • Community and Neighborhood Details
    • Location
      • School district:Detroit
      • County:Wayne
      • Region:Detroit
  • Other
    • Source
      • MLS #:2200101387

Location

Jeff AmburgyReal Estate One
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