This listing was posted on ListedBuy.
$5,218
408 MARSTON ST, Detroit, MI 48202 Land For Rent MLS# [phone removed]
Price:
$5,218
Personal Protection:
Location:
408 MARSTON ST, Detroit, MI
Description:
GREAT OPPORTUNITY FOR INFILL HOUSING DEVELOPMENT. LOCATED IN A OPPORTUNITY ZONE. BUYER MUST SUBMIT AN APP TO PURCHASE, INCLUDING CONSTRUCTION PLANS OR PRECEDENT ARCHITECTURAL IMAGES OF PROPOSED DEVELOPMENT & FINANCING PLAN W/ POF OR PRE-APP LETTER ON A NEW CONSTRUCTION LOAN. ALL 7 PROPERTIES ARE SOLD FOR $40,000 TOTAL. NOT SOLD SEPARATELY.414 MARSTON, 8032,8036, 8042, 8048, & 8050 BRUSH ARE INCLUDED IN THIS DEAL. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS. THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING. PLEASE SEE ATTACHED DLBA REQUIREMENTS. BATVI. Get the best price at ListedBuy!
Property Type:
Industrial Property for Rent
Posted:
on ListedBuy
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More About this Listing: 408 MARSTON ST, Detroit, MI 48202 Land For Rent MLS# [phone removed]
408 MARSTON ST, Detroit, MI 48202 Land For Rent MLS# [phone removed] is a Industrial Property for Rents for Rent at 408 Marston St in Detroit MI. Find other listings like 408 MARSTON ST, Detroit, MI 48202 Land For Rent MLS# [phone removed] and listings near 408 Marston St by searching Oodle Classifieds for Industrial Property for Rents for Rent in Detroit MI.
408 MARSTON ST, Detroit, MI 48202 Land For Rent MLS# [phone removed] is a Industrial Property for Rents for Rent at 408 Marston St in Detroit MI. Find other listings like 408 MARSTON ST, Detroit, MI 48202 Land For Rent MLS# [phone removed] and listings near 408 Marston St by searching Oodle Classifieds for Industrial Property for Rents for Rent in Detroit MI.