Detroit, MI 48214,2480 SHERIDAN Street
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Detroit, MI 48214,2480 SHERIDAN Street
Detroit, MI 48214,2480 SHERIDAN Street
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2480 SHERIDAN Street Detroit, MI 48214

3,049 Sqft Lot


UPDATED:

12/23/2024 08:00 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240024972

Originating Board Realcomp

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 30 x 100

Property Description

Great infill opportunity located in the West Village Neighborhood Enterprise Zone (NEZ). Sale includes 2480 & 2486 Sheridan. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TOAPPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Residential

Direction S. Charlevoix & E. E. Grand Blvd.

Exterior

View Y/N No

Schools

School District Detroit

Others

Tax ID 17012701.

Acceptable Financing Cash

Listing Terms Cash


Listed by Bellabay Realty Tri Counties
agent

Mark Brace

Broker Associate | g6506043184

+1(616) 447-7025

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2480 SHERIDAN Street