$18,000
Pending

3539 Concord

Detroit, MI 48207
0.45 acres | #R2200029986
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Excellent redevelopment opportunity with multiple use possibilities. May be great for storage, loft, light industrial or mixed use space. Ample land and onsite parking. Extensive work required. The city of Detroit recently completed a comprehensive a planning study in the neighborhood and exciting neighborhood improvements are just around the corner. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. The Seller will consider a rehab proposal or a tear down & new build proposal. If the Buyers Offer to Purchase includes a new build proposal, the Purchaser shall present construction plans or precedent architectural images of proposed development. Seller Addendum's to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of a Development Agreement. Buyer to verify all room sizes. Inquire about study.

  • Property Details
      • Acres0.45
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1929
    • Material information
      • FoundationSlab
  • Community and Neighborhood Details
      • SubdivisionMC LEODS SUB OF N PART OF LOT 7
    • Location
      • CountyWayne
  • Financial Details
      • Original List Price$18,000
      • Days on Market (Cumulative)124
      • Buying Agency Compensation3%
  • Other
      • MLS #R2200029986
  • -
      • Garage Spaces0

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00