2218 VAN DYKE Street Active

Detroit,MI 48214 2638

$ 299000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 60111709

Style Vacant Land

Annual Tax Amount $9

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 30 x 121

Property Description

An awesome opportunity to develop land right in the Historic Island View/Greater Villages neighborhoods. This lot is sold in a bundle of 4 vacant lots with 2226,2242,2248 Van Dyke. Not sold separately. Hantz Farms owns the 2 pieces between these parcels. This location could not be better literally right next to the Parker Durand $22.5M dollar development which will be a 4 story, 92-unit mixed used development at the corner of Kercheval and Mack. Within walking distance to West Village shops, restaurants, Biergarten, and Belle Isle. 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. Please see attached documents for DLBA requirements and offer submission information.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Residential

Building

Water Public Water

Schools

School District Detroit City School District

Others

Ownership Private

Financing Cash,Conventional

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