$50,000

11850 E McNichols Road, Detroit, MI 48205

  • 2,214 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $23/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

Commercial Building Opportunity in LaSalle College Park Neighborhood – Detroit Land Bank Owned. Fantastic opportunity to restore this commercial building property in the LaSalle College Park neighborhood of Detroit. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing. BATVAI. IDRBNG.

Listing Status:
Active
Data Last Updated:
May 22, 2026 at 3:42AM
Listing Office:
Keller Williams Realty-Great Lakes : 5865414000
Listing Agent:
Erick Monzo : 5862103350
MLS ID:
20251040444
  • General: BlockBrickSlab
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Detroit
  • County: Wayne
  • Zoning: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2026. S E MC NICHOLS 835&834 DRENNAN & SELDONS LA SALLE COLLEGE PARK L47 P28 PLATSW C R 21/697 40 X 100W21I020074C5
  • Current Use: Vacant
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Erick Monzo , Keller Williams Realty-Great Lakes

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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