$50,000

Attention investors! This commercial property from the Detroit Land Bank Authority is brimming with potential, offering a blank slate for your vision. Whether you're looking to restore its historic charm or transform it into a modern business space, this opportunity is ready for your expertise. With solid bones and a prime location, the possibilities are endless—revitalize, reimagine, and reap the rewards of this promising investment! 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