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In-PersonVirtual Tour
$ 18,000
Est. payment | /mo
2,613 Sqft Lot
$ 18,000
Est. payment | /mo
2,613 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 20261001933
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 35X76.5
Source Realcomp
Property Description
Development opportunity in Detroit's prime Islandview neighborhood, offering endless potential in a rapidly developing residential area. Located just minutes from Detroit's riverfront, Belle Isle, and Downtown Detroit, these parcels provide an ideal canvas for new residential construction in a vibrant and growing community. Convenient access to major corridors, neighborhood amenities, and ongoing redevelopment makes this an excellent opportunity for builders, developers, or long-term investors. 1000 Baldwin St & 7719 E Lafayette St. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.
Location
State MI
County Wayne
Zoning Residential
Direction West of Jefferson, North/East of Grand Blvd
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID W17I011063S
Acceptable Financing Cash
Listing Terms Cash
Listed by Next Level Realty & Investments
Nearby Locations
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