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5398 Cadillac

Detroit, MI 48213
  • $6,700
  • STATUS: Active
  • ON SITE: 557 Days
  • ID#: 2210018111
$6,700
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,069
    SQFT
  • $3
    $/SQFT
Type:
Commercial
Built:
1914
County:
Zoning:
Commercial
Lot Size Dimensions:
30.00X137.00

School Ratings & Info

School District:

Description

Former Party/Grocery store offered by the Detroit Land Bank Authority. Needs a lot of work, good opportunity to revitalize the neighborhood. 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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IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp, © 2022 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: 2022-09-27T23:56:36.737.
www.nexushomesearch.com/homes/115295562
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5398 Cadillac Detroit, MI 48213

  • Price: $6,700
  • Status: Active
  • On Site: 557 Days
  • ID#: 2210018111
0
Beds
0
Baths
0
½ Baths
0.1
Acres
2,069
SQFT
$3
$/SQFT
1914
Built
Neighborhood:
Cadillac Sub Of Lots 3&4 Of Butlers Sub
County:
Wayne
Area:
Det: 6-mack I75-conner
School District:
DETROIT
Property Description
Former Party/Grocery store offered by the Detroit Land Bank Authority. Needs a lot of work, good opportunity to revitalize the neighborhood. 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 1/2 Story Construction Materials Brick Foundation Details Slab Interstate YN No Lot Size Dimensions 30.00X137.00 Road Frontage Feet 30 Road Frontage Type Paved Waterfront YN No

Interior Features

Building Area Source Assessor Heating Cooling Other Heating Fuel Natural Gas Sq Ft Main 2069

Property Features

Assessment 0 Commercial Type Real Estate Only Current Use Vacant Encroachment YN No Exclusions YN No Existing Lease YN No Gross Scheduled Income 0.00 Inventory Included YN No 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 Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 0.0000 Tax Amount Winter 0.0000 Title Government - Owned Unparsed Address 5398 CADILLAC Water Source Public (Municipal) Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Real Estate One-Southfield: (248) 723-0055 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp, © 2022 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: 2022-09-27T23:56:36.737.
 
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