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Exceptional opportunity to own a vacant residential lot in Detroit's Woodbridge Neighborhood Historic District. Whether you're looking to build your dream home or invest in one of the city's established neighborhoods, this property offers endless potential. Surrounded by historic architecture and conveniently located near Midtown, Corktown, Downtown Detroit, Wayne State University, restaurants, and major freeways.

20261050982 MLS

Exceptional opportunity to own a vacant residential lot in Detroit's Woodbridge Neighborhood Historic District. Whether you're looking to build your dream home or invest in one of the city's established neighborhoods, this property offers endless potential. Surrounded by historic architecture and conveniently located near Midtown, Corktown, Downtown Detroit, Wayne State University, restaurants, and major freeways.

5136 Wabash St, Detroit

Courtesy of Golden Key Realty Group LLC 2484226962

This vacant lot is bundled with 5108, 5118,5130, 5142 Wabash, and 2040, 2038 Putnam. A total of 7 lots. Not sold separately. Totaling= 20,984 sqft. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority 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. BATVAI

20230019781 MLS

This vacant lot is bundled with 5108, 5118,5130, 5142 Wabash, and 2040, 2038 Putnam. A total of 7 lots. Not sold separately. Totaling= 20,984 sqft. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority 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. BATVAI

5122 Wabash St, Detroit

Courtesy of RCH Brokerage Legacy Inc 2484402268