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471 JEFFERSON Detroit, MI 48207
2,178 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240073928
Originating Board Realcomp
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 45.00 x 47.00
Property Description
Prime vacant lot located in the highly sought-after Islandview neighborhood! This 0.10-acre lot offers a fantastic opportunity to build your dream home or investment property. Ideally situated just minutes from Belle Isle, the Detroit Riverwalk, and downtown, you'll enjoy the perfect blend of peaceful residential living with easy access to the vibrant city life. Don't miss out on this great location with plenty of potential for future development! The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. 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 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.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction North of Jefferson Avenue, East of Mount Elliott
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID W15I013448S
Acceptable Financing Cash
Listing Terms Cash
Listed by Keller Williams Realty-Great Lakes