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4253 LAWTON Street Detroit, MI 48208
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240003630
Originating Board Realcomp
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 37 x 88
Property Description
CORE CITY LAND BUNDLE! 9 Parcels included in the sale. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that 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 abatement 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 abatement on the purchase and development financing.Included addresses: 4253 Lawton, 4281 Lawton, 4271 Lawton, 4267 Lawton, 4245 Lawton, 4241 Lawton, 4235 Lawton, 4229 Lawton, 4251 Lawton. LOTS CANNOT BE PURCHASED SEPARATELY. Total price for bundle: $29,900
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction Jeffries/Buchannan
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID W12I006421S002L
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Keller Williams Realty-Great Lakes