Detroit, MI 48202,408 MARSTON
Detroit, MI 48202,408 MARSTON
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Paige + Brandon Corbalis

Paige + Brandon Corbalis

+1(574) 222-7086
$ 5,218
Est. payment | /mo

1,306 Sqft Lot


Save
$ 5,218
Est. payment | /mo
Save

1,306 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2200012946

Originating Board Realcomp

Lot Size 1,306 Sqft

Acres 0.03

Lot Dimensions 21.00X60.00

Property Description

Great opportunity for infill housing development. Located in a Opportunity Zone. 414 Marston, 8032,8036, 8042, 8048, & 8050 Brush. Totaling = 13,739 sqft. All 7 properties are sold for $40k. Not sold separately. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF or Pre-approval letter or a new construction loan. 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. BATVAI. See attached documents for DLBA requirements and offer submission.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Residential

Direction HEAD SOUTH ON WOODWARD PASS HOLBROOK AVE MAKE LEFT MARSTON DRIVE DOWN TO BRUSH CORNER LOTS

Exterior

View Y/N No

Schools

School District Detroit

Others

Tax ID W01I002297S002L

Acceptable Financing Cash

Listing Terms Cash

Listed by RCH Brokerage Legacy Inc

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agent
Paige + Brandon Corbalis

Managing Broker/Owner

+1(574) 222-7086 | paige@brickbuiltre.com

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408 MARSTON