Property sold as a bundle of 4 with 2324 Pasadena, 2265 Pasadena,and 2325 Pasadena =Totaling $32,000. Not sold separately. 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. Please see attached documents for DLBA requirements and offer submission information.
1,874 Sq ft
12,143 Sq ft
16,500 Sq ft
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Listing Agent: Leonard A Pickett III
Listing Office: RCH Brokerage Legacy Inc