8601 Chalfonte Street, Detroit, MI 48238
8601 Chalfonte Street, Detroit, MI 48238
8601 Chalfonte Street, Detroit, MI 48238
8601 Chalfonte Street, Detroit, MI 48238
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$ 16,000
Est. payment | /mo

4,356 Sqft Lot


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$ 16,000
Est. payment | /mo
Save

4,356 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20251060549

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 33.8X127

Source Realcomp

Property Description

DLBA-owned vacant land located in the Chalfonte neighborhood and offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program. This parcel must be sold together with 8611 Chalfonte St for a total purchase price of $16,000. No separate sales. Assemblage subject to DLBA and City of Detroit approval.Property presents an opportunity for infill development consistent with neighborhood revitalization goals. Buyers are encouraged to review applicable Neighborhood Framework Plans published by the City of Detroit Planning and Development Department (PDD).To be considered, buyer must submit a complete DLBA proposal package including: project proposal describing intended use and timeline, proof of funds (bank statement or lender letter), site plan or concept drawing, and proof of prior similar projects (addresses and photos).Sale is contingent upon execution of a DLBA Development Agreement. DLBA retains the right to tax recapture for five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests will be reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to DLBA review of development pro forma and financing.Interested buyers should contact the listing broker for the application link and submission instructions.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Residential

Direction S of Fenkell E of Wyoming

Exterior

View Y/N No

Schools

School District Detroit

Others

Tax ID W16I006085S

Acceptable Financing Cash

Listing Terms Cash

Listed by Atlas Properties Inc

NEARBY SCHOOLS & PROPERTIES

Richard Stewart

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 217-0411

richard@2693457000.com

828 Portage St, Kalamazoo, MI 49001, United States

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Licensing & Affiliation Disclosure: > Richard Stewart is the Principal Broker of REO Specialists, L.L.C. and an Associate Broker with Real Broker LLC. All real estate brokerage activities are conducted in compliance with Michigan licensing laws. Richard Stewart’s Equity Recovery Program is a professional real estate service and does not provide legal or tax advice. Homeowners should consult with legal counsel regarding their specific rights during the Michigan foreclosure redemption period.

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8601 Chalfonte Street

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