MI > Wayne > Detroit > 12945 Puritan Street
  • 0.1 Acres
  • MLS# 20240080302
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Property zoned as B2. 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 DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). Note that the DLBA 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 reviewing the development proforma and effect of any tax abatement on the purchase and development financing. See attached documents for DLBA requirements and offer submission info. BATVAI Please see attached documents for DLBA requirements and offer submission information.

Property Information

Status
Active 
Address
12945 Puritan Street 
City
Detroit 
Zip
48227 
Lot Size
0.10 
Lot Dimensions:
47 x 91 
Zoning
Commercial
Water
Public (Municipal) 
Listing Date
10/23/2024 
Subdivision
College Crest Sub No 1(plats) 
County
Wayne 

School Information

School District
Detroit 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20240080302 Active Oct 23 2024 2:36PM $5,000 415
20230087842 Expired Active Oct 18 2024 2:17AM 366
20230087842 Active Oct 17 2023 2:36PM $5,000 366
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls, emails, and texts from Real Estate One and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

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Listing Courtesy of Rch Brokerage Legacy Inc
(248) 440-2268
Office Address 21411 Civic Center Dr Ste 2200

12945 Puritan Street Detroit
Contact us
$5,000
For Sale • Acres: 0.1 • School District: Detroit