2229 W Grand Boulevard
Detroit, MI 48208

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Description

Want to Be in the Heart of it All, Now's Your Opportunity to build in a thriving community and includes 2221 W. Grand Blvd and 7322 Lawton. Close to Motown Museum, Henry Ford Hospital, New Center/Downtown Area. The DLBA is seeking proposals that are 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 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.

Features

• Property Type: Residential Lots & Land
• Sub Type: Residential Lots & Land
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48208
• School District: Detroit
• Lot Size: 21344 sq ft lot
• Directions: N. Side of W. Grand Blvd., W. of Linwood
• List Price Acre: 193877.55
• Lot Size Area: 0.49
• Lot Size Square Feet: 21344.4
• Lot Size Units: Acres
• Main Type: Land
• Parcel Number: W10I001038S003L
• Road Frontage: 105
• Street Type: Paved
• Tax Legal Description: N W GRAND BLVD E 45 FT 17 31 NORTON & BEARDSLEYS SUB L12 P46 PLATS, W C R 10/65 105 X 204.75