5720 Wabash Street, Detroit, MI 48208

Property Description

Great residential infill opportunity close to Downtown, Motown Museum, Henry Ford Hospital, Corktown, Midtown, Wayne State University, and future major developing areas. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. 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 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/or 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. Please refer to DLBA proposal guidelines.

Listing Status:

Active

Date Added:

April 4, 2025

Data Last Updated:

February 15, 2026 at 1:48PM

Listing Office:

Bellabay Realty Tri Counties : 248-274-6614

Listing Agent:

Natasha Richards : 313-204-0310

MLS ID:

60381648

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• School District: Detroit City School District
• County: Wayne

Lot

• Zoning: E WABASH 32 CANDLERS SUB L14 P15 1/2 PLATSW C R 8/109 30 X 133.33

Utilities

• Water: Public
• Sewer: Public Sanitary

Financial

• Source: MiRealSource