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3515 Sheridan Street Detroit, MI 48214 5201
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 61045753
Style Vacant Land
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 32X100
Property Sub-Type Vacant Land
Property Description
DLBA-owned vacant land offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program. Offering includes two (2) contiguous residential parcels at **3515 Sheridan St and 3523 Sheridan St** in Detroit's desirable **Islandview neighborhood**. **Both parcels must be sold together for a combined asking price of $20,000.** 3515 Sheridan measures approximately **32x100 (3,200 SF)** and 3523 Sheridan approximately **30x100 (3,000 SF)**, totaling approximately **6,200 SF (0.14 acre)**, Zoned Residential. Both properties will convey with **clear title**. Excellent opportunity for new construction, infill development, parcel assemblage, or long-term investment, subject to zoning and City approval. Conveniently located near E Grand Blvd, Mack Ave, and major Detroit thoroughfares. Buyer must submit a complete **DLBA proposal package**, including proposed use, development timeline, proof of funds, site plan/concept drawings, and documentation of prior development experience. Sale is subject to **DLBA approval and execution of a DLBA Development Agreement**. Properties sold **AS-IS**. Buyer to verify dimensions, zoning, buildability, utilities, taxes, and all information. **DLBA retains the right to tax recapture for five (5) years following transfer of ownership.** Certain tax abatements, lot combinations, parcel assemblages, or other property-related actions may require additional DLBA review and approval.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Building
Water Public Water
Schools
School District Detroit City School District
Others
Ownership Government Owned
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Atlas Properties Inc
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