About 11850 E Mcnichols Road
Commercial Building Opportunity in LaSalle College Park Neighborhood – Detroit Land Bank Owned. Fantastic opportunity to restore this commercial building property in the LaSalle College Park neighborhood of Detroit. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing. BATVAI. IDRBNG.
Features of 11850 E Mcnichols Road
| MLS® # | 20251040444 |
|---|---|
| Price | $50,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,214 |
| Acres | 0.09 |
| Year Built | 1960 |
| Type | Commercial |
| Status | Active |
Community Information
| Address | 11850 E Mcnichols Road |
|---|---|
| Area | 05054 - Det 8 To Gratiot/Houston To 7 |
| Subdivision | DRENNAN & SELDONS LASALLE COLLEGE PARK |
| City | Detroit city |
| County | Wayne |
| State | Michigan |
| Zip Code | 48205 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Construction | Block, Brick |
|---|---|
| Foundation | Slab |
School Information
| District | Detroit |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty-Great Lakes |
|---|---|
| Contact Info | erick@monzogroup.com |