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    15238 Fenkell St

    Detroit, MI 48227
    • $8,000
    • STATUS: Active Under Contract
    • ON SITE: 119 days
    • MLS #: 2200100923
    Under Contract
    $8,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,500
      SQFT
    • $5
      $/SQFT
    Type:
    Commercial
    Built:
    1951
    County:

    School Ratings & Info

    Description

    Great commercial opportunity located in the heart of the city. The opportunities are endless here. 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 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. The Detroit Land Bank Authority advises all potential applicants that it is selling these properties "as is, where is, with all faults" with no representations or warranties of any kind. Applicants are advised to conduct their own careful inspection, particularly with regard to the anticipated cost to make the repairs.

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    ©2021 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2021-04-19T23:46:36.307.
    www.sellsmi.com/homes/112782776
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    15238 Fenkell St Detroit, MI 48227

    • Price: $8,000
    • Status: Active Under Contract
    • MLS #: 2200100923
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,500
    SQFT
    $5
    $/SQFT
    1951
    Built
    Neighborhood:
    B E Taylors Belmont (Plats)
    County:
    Wayne
    Area:
    Detroit (82001)
    Property Description
    Great commercial opportunity located in the heart of the city. The opportunities are endless here. 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 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. The Detroit Land Bank Authority advises all potential applicants that it is selling these properties "as is, where is, with all faults" with no representations or warranties of any kind. Applicants are advised to conduct their own careful inspection, particularly with regard to the anticipated cost to make the repairs.
    Exterior Features

    Exterior Construction Brick Foundation Type Slab Frontage 20 Lot Size 20.00X100.00 Waterfront YN No

    Interior Features

    Basement YN No Fuel Type Natural Gas Heating System Forced Air

    Property Features

    Assessments YN No Business Type Medical/DentalOfficeRetailService Commercial Type Commercial/Industrial Financial Terms Cash Lease YN No Municipality Detroit Occupant Close Of Escrow Ownership Government Owned SEV 0 Sewer Septic Public Sanitary Subject To Short Sale Approval No Summer Tax Amount 0 Total Tax Amount 0 Water Public Water Winter Tax Amount 0 Zoning Commercial

    Listing courtesy of Bellabay Realty Tri Counties.

    Source MLS: MiRealSource
    Originating MLS: Realcomp

    Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


    ©2021 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2021-04-19T23:46:36.307.
     
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    The BRAND Real Estate
    5400 Gateway Center Ste B
    Mundy Twp MI, 48507