$60,000

2540 W Forest Avenue, Detroit, MI 48208

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

2546 W. Forest + 2540 W. Forest present a unique opportunity to acquire a structure in need of renovation along with an adjacent vacant lot. The DLBA is seeking a qualified proposal for the rehabilitation of 2546 W. Forest, with 2540 W. Forest to be included as part of the overall site plan and redevelopment approach. Proposals should clearly outline the scope of renovation for the existing structure, the intended use of the additional lot, project costs, timeline, and proof of funds sufficient to support completion. The strongest proposals will demonstrate a feasible redevelopment plan, relevant experience, and a cohesive vision for both parcels that contributes positively to the surrounding neighborhood. 2546 & 2540 W Forest are part of a bundle package and must be sold together for $60,000.00 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.

Listing Status:
Active
Data Last Updated:
May 21, 2026 at 1:41AM
Listing Office:
Keller Williams Realty-Great Lakes : 5865414000
Listing Agent:
Erick Monzo : 5862103350
MLS ID:
20261022744
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Detroit
  • County: Wayne
  • Zoning: N FOREST W 14 FT 764 STANTONS SUB L10 P16 PLATSW C R 10/39 14 X 115W10I000485S
  • 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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