48216, MI homes for sale & real estate

48216, MI Homes for Sale

Located on prime Michigan Avenue in the heart of Corktown, this rare mixed-use investment delivers the scale, location, and upside serious investors are chasing. The property features 2 commercial storefronts, 2 residential units, and additional vacant land—creating immediate income potential with long-term value growth. The included vacant land offers a privately fenced lot with alley access, ideal for secure parking, tenant amenities, or future development—an increasingly rare advantage in a high-demand corridor where space is limited and values continue to rise. Positioned just steps from Michigan Central Station and the future Detroit City Football Club Stadium, this asset s

48216, MI Homes for Sale

This vacant lot is bundled with 3105 18TH and 2621 Ash totaling= 9,549 sqft. Not sold separately. All 3 lots=45K. Zoned R2. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent

48216, MI Homes for Sale

Great opportunity for infill development. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development and financing plan with proof of funds or a pre-approval letter on a new-construction loan. 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 abatement 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 review

48216, MI Homes for Sale

This vacant lot is bundled with 3105 18TH and 3099 18TH ST. totaling= 9,549 sqft. Not sold separately. All 3 lots=45K. Zoned R2. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subse