620 Canton St Detroit, MI 48207

This residential vacant lot is located in the Islandview neighborhood of Detroit, Michigan, situated minutes from Downtown Detroit. The Detroit Land Bank is offering this property and seeking proposals to support the activation and stewardship of vacant land sites. Potential uses include urban agriculture, gardening, or beautification, for either profit or community activation. Interested buyers should consult the proposal guidelines for land-based sites and the Guide to Plot Plan, Site Design, and Maintenance. It is also recommended to review relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. The lot size is 0.04 acres. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property, which may be incompatible with tax abatement. 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.