4404 HELEN Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48207
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240071564
Originating Board Realcomp
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 90 x 163
Property Description
Great residential infill opportunity offer by the Detroit Landbank Authority located close to the downtown area at Gratiot and E. Grand Blvd. 2 lots to be sold together, 4404 & 4424 Helen, 23,690 square feet combined, cannot be sold separately. 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.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction W. E. Grand Blvd, N. of E. Canfield
Exterior
Waterfront No
View Y/N No
Others
Tax ID 150088623
Acceptable Financing Cash
Listing Terms Cash