3102 Canton St, Detroit, MI 48207
Bundle of five contiguous residential lots sold together and zoned for residential development.
Property Features for 3102 Canton St
General Information
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Investment Insights
Based on property information with market context.
Interested buyers must submit a proposal including a project proposal (intended use and timeline), proof of funds, a scope of work with a renovation cost breakdown, and proof of previous projects with addresses and photos. Sale is contingent on execution of a Detroit Land Bank Authority (DLBA) Renovation/Development Agreement.
The DLBA is entitled to a tax recapture for the five tax years following transfer of ownership, which may be incompatible with certain abatements or lot combinations. Waiver requests may be considered case by case and could require a payment in lieu of taxes, based on review of the development pro forma and financing. BATVAI and IDRBNG apply.
Key Highlights
- Bundle of five contiguous residential lots: 6913 Benson, 6917 Benson, 6921 Benson, 3106 Canton, and 3102 Canton
- Approximately 0.13 total acres; the lots must be purchased together and cannot be split
- Zoned residential for new build/infill development
Property Analytics
Current Use
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Trade Area within ½ mile
Demographics for 48207, MI