12225 Maine Street

Hamtramck, MI 48212
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The opportunities are endless. Business store-front and apartment in the back. 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.

  • Property Details
    • Measurements
      • Acres:0.07
  • Construction Details
    • Condition
      • Year built:1921
  • Community and Neighborhood Details
    • Community
      • Subdivision:CHENE STREET SUB (PLATS)
    • Location
      • County:Wayne
  • Financial Details
    • Pricing Details
      • Original List Price:$7, 500
      • Days on Market (Cumulative):508
      • Buying Agency Compensation:$1000
  • Other
    • Source
      • MLS #:R2210074714


Workhorse Realty LLCReal Estate Group
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