5201 STANTON Street, Detroit, MI 48208
5201 STANTON Street, Detroit, MI 48208
5201 STANTON Street, Detroit, MI 48208
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Nick Schweihofer

Nick Schweihofer

+1(616) 200-4134
$18,500
Est. payment /mo
5,227 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240043415

Annual Tax Amount $47

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 54.00 x 100.00

Source Realcomp

Property Description

Check out this latest offering from the Detroit Land Bank Authority located at Grand River and I-94. This TWO lot bundle is conveniently located in Woodbridge neighborhood near expressways making commutes to work or downtown easy. Please 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. THIS BUNDLE INCLUDES 5201 STANTON AND 2524 MERRICK AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $18,500.00.

Location

State MI

County Wayne

Zoning Residential

Direction North of Warren Avenue, West of Grand River

Exterior

View Y/N No

Schools

School District Detroit

Others

Tax ID W10I006925S

Acceptable Financing Cash

Listing Terms Cash

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Listed by Keller Williams Realty-Great Lakes

Nearby School & Business

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Nick Schweihofer

Nick Schweihofer

+1(616) 200-4134

Team Leader, Broker License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
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