$25,000
$10,000
150.0%For more information regarding the value of a property, please contact us for a free consultation.
2616 PURITAN Street Detroit, MI 48238
3,000 SqFt
Key Details
Sold Price $25,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $8
Subdivision Martin Park (Plats)
MLS Listing ID 2210074709
Sold Date 02/17/22
Originating Board Realcomp II Ltd
Year Built 1940
Annual Tax Amount $100
Lot Size 0.560 Acres
Acres 0.56
Lot Dimensions 242.00X100.00
Property Description
Great business opportunity located close to the Avenue of Fashion and major freeways. Sale contingent on 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.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Commercial
Direction North Side of Puritan, Between Livernois & Linwood
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Waterfront no
Road Frontage Paved
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Block/Concrete/Masonry,Brick
Schools
School District Detroit
Others
Tax ID W12I005570C80
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Full Service
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Bought with Prime Financial Plus Realty