11850 E McNichols Road, Detroit, MI 48205

This for-sale commercial building is positioned as a restoration opportunity, with the structure intended for redevelopment through the Detroit Land Bank Authority process. The property is listed as a retail storefront-type asset and includes the building size of 2,214 square feet. Interested buyers should expect the transaction to be tied directly to renovation planning and an approved development path.

The property is located at 11850 E McNichols Road in Detroit, in the LaSalle College Park neighborhood. The seller’s public remarks specify that the building is Detroit Land Bank owned, and that the sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership, which may impact compatibility with certain abatements or lot combinations.

To be considered, interested buyers must submit a proposal including a project proposal covering intended use and timeline, proof of funds, a scope of work with a renovation cost breakdown, and proof of previous projects (including addresses and photos). BATVAI applies. Waiver requests may be considered case-by-case and may require a payment in lieu of taxes after review of the development pro forma and financing.