2634 Wabash Street, Detroit, MI 48216 1160

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List Price
$110,000
Status
ACTIVE
MLS#
61005564
Days on Market
120
Acres
0.07
Municipality
Detroit
Region
Detroit
Township
Detroit
Subdivision
Larneds Deeds

Property Description

Exceptional opportunity to acquire a vacant lot in Detroit's highly sought-after Corktown neighborhood, one of the city's fastest-growing and most dynamic districts. Located near a vibrant mix of restaurants, entertainment, parks, and major redevelopment projects, this property offers excellent potential for future development and long-term investment. Corktown continues to attract residents, businesses, and investors with its historic character, walkability, and proximity to downtown Detroit. 2634 Wabash Street must be sold as part of a package sale with 2630 Wabash Street, All properties are to be sold together for $44,000 A great addition to any investment portfolio with upside potential in a growing market. Property is being sold as-is. Purchaser to verify all measurements, zoning, and development requirements. DLBA Disclosure: DLBA is entitled to a tax capture for the five (5) tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements 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 the effect of any tax abatement on the purchase and development financing.

Additional Information

Lot Dimensions
40 x 72.06
Water
Public
School District
Detroit City School District

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Listing Courtesy of Keller Williams Realty-Great Lakes, Office Phone: 586-541-4000

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.