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+15868545396
Community Choice Realty
272 E Grand Boulevard, Detroit, MI 48207 3740
- $15,000
- List Price
- $15,000
- Status
- ACTIVE
- MLS#
- 60989937
- Days on Market
- 170
- Acres
- 0.18
- Municipality
- Detroit
- Region
- Detroit
- Township
- Detroit
- Subdivision
- Moses W Fields 2nd
Property Description
DLBA-owned vacant land offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program. This offering includes two (2) residential parcels located at ** 272 & 268 E Grand Blvd** in Detroit's **Islandview neighborhood**. Properties must be sold together for a **total purchase price of $30,000** (**$15,000 each**), presenting an excellent opportunity for **new construction infill development** in a highly desirable and growing area. The site includes: * **268 E Grand Blvd:** approximately **50' x 155'** * **272 E Grand Blvd:** approximately **50' x 155'** Combined, the parcels offer approximately **100 feet of frontage and 155 feet of depth**, providing strong flexibility for **single-family or potential multi-unit development** (subject to zoning and City approval), consistent with neighborhood revitalization goals. The surrounding area features a mix of **occupied homes, renovations, and new construction activity**, supporting strong long-term residential demand. Located in the **Islandview neighborhood**, the property benefits from close proximity to the **Detroit River, Belle Isle, West Village, and Downtown Detroit**, along with nearby parks, schools, restaurants, and neighborhood amenities. Buyer must submit a complete DLBA proposal package including: project description with intended use and construction timeline, proof of funds (bank statement or lender letter), site plan or concept drawings, and documentation of prior similar projects (addresses and photos). Sale is contingent upon execution of a DLBA Development Agreement and compliance with all City of Detroit permitting and approval requirements. Property sold **as-is**. DLBA retains the right to tax recapture for five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests are reviewed on a case-by-case basis and may require payment in lieu of taxes subject to DLBA review of project financing and development pro forma. Buyer
Additional Information
- Lot Dimensions
- 50 x 155
- Water
- Public
- School District
- Detroit City School District
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Listing Courtesy of Atlas Properties Inc, Office Phone: 313-598-2566
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.