945 E EUCLID Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48211
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Macklems Sub Of Lot 16 (Plats)
MLS Listing ID 20240060165
Lot Size 5,662 Sqft
Property Description
Lot sold with 939 and 957 Euclid totaling = 14,637 sqft. Not sold separately. Site is in Greater Downtown- North End Planning Study. And also in the Oakland/CLay NEZ for new build/rehab.
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 DLBA 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. 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. See attached documents for DLBA requirements and offer submission info. BATVAI
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Residential
Exterior
Waterfront no
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Schools
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash