2939 SHERIDAN Street Detroit, MI 48214
- Added:
- Apr 23, 2024
- Days on Market:
- 712
- Last Refresh:
- Apr 4 at 4:06 am
Property Features for 2939 SHERIDAN Street
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- APN
- 17013339.
- Lot size
- 0.07 Acres
Building Details
- Architectural style
- Other
Listing agent Erick Monzo (586) 210-3350
Listing office Keller Williams Realty-Great Lakes 28220 Harper, St. Clair Shores, MI (586) 541-4000
Listing date Apr 23, 2024
MLS# 20240026555
Listing URL
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Overview
Detroit Land Bank Three-Lot Bundle
This offering comprises a three-lot bundle, including 2939 Sheridan, 2945 Sheridan, and 2951 Sheridan, which must be purchased together. The lots are located at Kercheval Avenue and E Grand Blvd in Detroit's Islandview neighborhood. Situated a short distance from Downtown Detroit and 7 minutes from Eastern Market. The City of Detroit has announced an investment of over $5 million to improve the area. Nearby amenities include the New Butzel Playfield and improvements to Marcus Garvey Academy. The total lot size is 0.07 acres. The Detroit Land Bank Authority (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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0084227
- Latitude
- 42.3615367
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Three residential lots in Detroit's Islandview neighborhood, near downtown.
Where is this land located?
The property is located at 2939 SHERIDAN Street Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Three‑lot bundle in the Islandview neighborhood.; Located 7 minutes from Eastern Market and a short distance to Downtown Detroit.; City of Detroit investing over $5 million in the area.
