12098 FLANDERS Street Detroit, MI ^$ 18,000

12098 FLANDERS Street

^$ 18,000

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12098 FLANDERS Street

Detroit, MI, 48205

^$ 18,000

Bedrooms-- Baths-- Sq 1,386

Monthly Estimate*

^$ 112

12098 FLANDERS Street, Detroit, MI 48205 - Image 1

12098 FLANDERS Street, Detroit, MI 48205 - Image 2

Commercial Property for sale in Detroit, MI

for $18,000. This 1,386 square foot building was built on a lot size of 0.23.

Looking for an automotive use building offered by the Detroit Landbank Authority? This one could be yours! Sale contingent on buyer/seller executed development agreement. 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 and lot combinations 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.

Commercial Active

Price

^$ 18,000

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.23

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60345189

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision HARDY SUB OF LOTS 1 3 4 5 MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Government Owned

Municipality Detroit

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions E of Gratiot N. of E. Outer Drive

City Detroit

Financial Terms Cash

Legal Description S FLANDERS AVE 23 HARDY SUB L43 P87 PLATS WCR 21/641 25 IRREG

DOM 422

Postal Code 48205

Price Per Sq Ft Total AG 12.99

Public Remarks Looking for an automotive use building offered by the Detroit Landbank Authority? This one could be yours! Sale contingent on buyer/seller executed development agreement. Please note that the Detroit

Exterior

Frontage 25

Lot Size Area 0.23

Lot Dimensions 25 x 395

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Natasha Richards

Listing Agent

Bellabay Realty Tri Counties

Broker

natasharichards@comcast.net

Affordability Calculator

$112

Per Month

Monthly Principal & Interest: $112
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$496,505

Percent of Sale Price 2,658%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/7/2024	$18,000		Listed Price

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12098 FLANDERS Street, Detroit, MI, 48205 is a Commercial Property for sale at $18,000 with 1,386 sqft and a lot size of 0.23. The property's zip code is 48205 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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12098 FLANDERS Street

Commercial Property for sale in Detroit, MI

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