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9585 IRIS Street Detroit, MI 48227
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240045088
Originating Board Realcomp
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 44 x 294
Property Description
Check out this latest offering from the Detroit Land Bank Authority located at Chicago and Schafer Hwy. This THREE lot bundle is conveniently located in Barton-McFarland neighborhood near expressways making commutes to work or downtown easy. 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. THIS BUNDLE INCLUDES 9585, 9591, AND 9601 IRIS AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction North of Chicago Road, East of Schafer Hwy
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID 22022015.001
Acceptable Financing Cash
Listing Terms Cash
Listed by Keller Williams Realty-Great Lakes