Bring This Previous Heidelberg Commercial Building Back to Life! This investment opportunity is one you don't want to miss! There are two lots also included in the sale, 3033 & 3039 Mt. Elliott. Steps away from the Heidelberg Projects, any business opportunity would be well worth it. Sale contingent on… Read More buyer/seller executed development agreement. 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. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Bellabay Realty Tri Counties.
Listing Snapshot
Days Online
138
Last Updated
Property Type
Commercial
Square Ft.
1,047
Lot Size
0.09 Acres
Year Built
1910
MLS Number
20251021260
30 Days Snapshot Of 48207
$73k
-26%
(avg) sold price
7
-41%
homes sold
88
-37%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Building
Built in 1910, 1,047 total square feet, 1,047 main square feet, Other
Foundation
Slab
Water Features
Public (Municipal)
Lot
Lot size area: 0.09, Lot size dimensions: 41X100
Miscellaneous
Gross scheduled income: $0, Net operating income: $0, Operating expense: $0, Real Estate Only
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