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14427 E 7 Mile Road

Detroit, MI 48205
  • $2,500
  • STATUS: Active
  • ON SITE: 726 Days
  • MLS #: R2200050828
$2,500
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,075
    SQFT
  • $2
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

School District:

Description

Endless opportunities with this residential/commercial 3 bedroom house located in a busy business district. This property could be a rental, salon, small retail or general business. Property to be zoned B4 and located across the street from a gas station, next door to the post office and just east from Gratiot, all high traffic areas. Please note that the Detroit Land Bank Authority 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. 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 abatements on the purchase and development financing

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© 2022 Ann Arbor Area Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Snyder & Company, Realtors®. Data last updated: 2022-07-06T00:23:11.8.
www.bhhssnyder.com/homes/107690513
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14427 E 7 Mile Road Detroit, MI 48205

  • Price: $2,500
  • Status: Active
  • On Site: 726 Days
  • MLS #: R2200050828
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1,075
SQFT
$2
$/SQFT
1925
Built
Neighborhood:
Gratiot Park (Plats)
County:
Wayne
Area:
Bal Of Wayne Co
School District:
DETROIT
Property Description
Endless opportunities with this residential/commercial 3 bedroom house located in a busy business district. This property could be a rental, salon, small retail or general business. Property to be zoned B4 and located across the street from a gas station, next door to the post office and just east from Gratiot, all high traffic areas. Please note that the Detroit Land Bank Authority 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. 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 abatements on the purchase and development financing
Exterior Features

Construction Wood Siding Doors At Grade 0 Loading Docks 0 Lot Dimensions 40.00X110.00 Parking Spaces 0.00

Interior Features

Building Sq Ft 1075 Clear Ceiling Height 0.00 Heat Source Gas Heat Type Forced Air Office Sq Ft 0 Restrooms 0 Retail Sq Ft 0 Total Sq Ft 1075

Property Features

Agreement Type Sale Annual Operating Expenses 0.00 Approx Inventory Amount 0 Building Value 0 Business Name Broker Certified Year 0 City Or Township City Commercial Subtype Commercial Cost Of Goods Sold 0 Deposit 0.00 Electric Amount 0 Equipment Value 0 Financing Terms Cash Goodwill Amount 0 Gross Income Amount 0 Gross Sales Amount 0 Income Year 0 Janitorial Amount 0 Land Value 0 Lease Amount 0.00 Legal Description N Seven Mile Rd E 23 Gratiot Park Sub L32 P66 PlatsW C R 21/439 40 X 110.34A Less Oper Expenses Amount 0 Maintenance Amount 0 Municipality Det 8 To Gratiot/Houston To 7 Net Income Amount 0.00 Ownership Government Owned Present Use Empty Sewer Type Public Square Footage Source Tax Record State Eq Value 0 State Eq Value Year 0 Summer Taxes 0.00 Summer Taxes Year 0 Tax Value 0 Tax Year 0 Water Amount 0 Water Type Public Winter Taxes 0.00 Winter Taxes Year 0 Zoning CommercialMultipleOfficeResidential

Listing provided courtesy of Bellabay Realty Tri Counties.


© 2022 Ann Arbor Area Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Snyder & Company, Realtors®. Data last updated: 2022-07-06T00:23:11.8.
 
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Berkshire Hathaway HomeServices Snyder & Company, Realtors®
2655 Plymouth Road
Ann Arbor MI, 48105