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Listing Details

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Description

Commercial Structure offered by the Detroit Land Bank Authority. Former party/grocery store. Needs a full renovation. Sale includes vacant lot at 5178 Rohns. Show with caution. 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 and lot combinations 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. Please refer to DLBA proposal guidelines

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-21T13:00:54.907.
www.nexushomesearch.com/homes/112835084
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5186 Rohns Street Detroit, MI 48213

  • Price: $5,700
  • Status: Active
  • Updated: 70 min ago
  • ID#: 2200101398
0
Beds
0
Baths
0
½ Baths
0.08
Acres
2,300
SQFT
$2
$/SQFT
1925
Built
Neighborhood:
Crane & Wessons Sub Of Pc 644 Betw Mack & Gratio
County:
Wayne
Area:
Det: 6-mack I75-conner
School District:
DETROIT
Property Description
Commercial Structure offered by the Detroit Land Bank Authority. Former party/grocery store. Needs a full renovation. Sale includes vacant lot at 5178 Rohns. Show with caution. 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 and lot combinations 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. Please refer to DLBA proposal guidelines
Exterior Features

Architecture Level 1 Story Construction Materials Brick Foundation Details Slab Foundation Materials Block Lot Size Dimensions 22.00X158.00 Road Frontage Feet 30 Road Frontage Type Paved Waterfront YN No

Interior Features

Heating Cooling Steam Heating Fuel Natural Gas Room Count 0

Property Features

Assessment 0 Commercial Type CommercialReal Estate Only Current Use Vacant Encroachment YN No Exclusions YN No Gross Scheduled Income 0.00 Land Contract YN No Listing Financing CashQuit Claims Deed Monthly Sales 0 Net Operating Income 0.00 Operating Expense 0.00 Ownership Status Government OwnedShort Sale - No Possession At Close Postal City Detroit Protection Period 180 Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 0.0000 Tax Amount Winter 0.0000 Title Government - Owned Total Tax 0.0000 Unparsed Address 5186 ROHNS ST Water Source Municipal Water Zoning Commercial

IDX provided courtesy of Realcomp II Ltd., via Real Estate One-Southfield and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-21T13:00:54.907.
 
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RE/MAX Nexus
255 E. Brown St - Suite 205
Birmingham MI, 48009