Prime Investment opportunity located in one of Detroit's fastest developing communities. 3 Parcels for sale, 4454, 4450 & 4466 15th St. to be sold together and cannot be separated. The DLBA is looking for development of multiple homes or a small to medium multi-family structure to maximize the size of the parcels and increase density in the neighborhood Bring your plans and be part of Detroit's Revitalization. Located near Midtown, Wayne State University, Motor City Casino, Michigan Central Station Project Development,and many nearby restaurants and entertainment options. This growing and vibrant community is located a few minutes from Downtown Detroit, Corktown and major expressways, I-75 and I-96. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommend reviewing relevant neighborhood framework plans from the City of Detroit's Planning and Development Dept. for additional context about the neighborhood. The DLBA 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 that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Listing Courtesy of Bellabay Realty Tri Counties, Office Phone: 248-274-6614

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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.