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2453 Russell Street, Detroit
$4,200,000
20251037993 MLS ⋅ ACTIVE Status
2453 Russell Street is one of Eastern Market’s most iconic buildings, serving as a gateway to the neighborhood. The two-story mixed-use property houses Supino, Gettees, Waka by Baobab Fare, Zef’s Coney Island, and Complete Image Manufacturing. Upstairs includes one office and seven apartments. Recent renovations feature new roof systems, energy-efficient windows, and HVAC, offering a modern update with historic character. This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market’s history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale. Proof of funds required for all tours.

2453 Russell Street, Detroit

1482 Adelaide Street, Detroit
$3,200,000
20251037969 MLS ⋅ ACTIVE Status
This seven-story, 37,504-square-foot warehouse in the heart of Eastern Market is the perfect property for an adaptive reuse conversion for either creative office space or residential lofts. The current owner has maintained the property and it is development-ready. The open floor plan and high ceilings make this an ideal blank canvas for developers or users looking to be within one block of Detroit’s historic open-air market. This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market’s history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale. Proof of funds required for all tours.

1482 Adelaide Street, Detroit

1440 Gratiot Avenue, Detroit
$2,750,000
20251037965 MLS ⋅ ACTIVE Status
In a prime location with excellent visibility, this six-story, 27,657-square-foot warehouse on Gratiot Avenue is the perfect property for an adaptive reuse conversion for either creative office space or residential lofts. The current owner has maintained the property and it is development-ready. The open floor plan and high ceilings make this a perfect blank canvas for developers or users looking to be within walking distance of Eastern Market and Downtown Detroit. The 14,000-square-foot parking lot behind the building at 1460 Service Drive is included in the sale. This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market’s history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale. Proof of funds required for all tours.

1440 Gratiot Avenue, Detroit

1494 Gratiot Avenue, Detroit
$600,000
20251037963 MLS ⋅ ACTIVE Status
Located on a prime, highly visible corner of Gratiot’s commercial corridor, this two-story, 2,930-square-foot mixed-use building is the perfect investment property. The property is fully occupied and anchored by neighborhood staple, La Ventana Cafe. Ownership has invested significantly into the building’s MEP systems as well as the distinctive facade. This opportunity provides investors with a stable, cashflowing asset within walking distance of Eastern Market and Downtown Detroit. This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market’s history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale. Proof of funds required for all tours.

1494 Gratiot Avenue, Detroit

2000 Division Street, Detroit
$2,800,000
20251037927 MLS ⋅ ACTIVE Status
This 32,000-square-foot warehouse in Eastern Market is an ideal property for an adaptive reuse conversion for creative office space or industrial/ flex space. The current owner undertook an extensive renovation of the building, investing millions of dollars into facade repairs, as well as new windows, roof, elevators and MEP systems. The open floor plan offers limitless possibilities for developers or users looking to be within walking distance of Eastern Market and Downtown Detroit. This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market’s history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale. Proof of funds required for all tours.

2000 Division Street, Detroit

1337 Division Street, Detroit
$2,450,000
20251037918 MLS ⋅ ACTIVE Status
With three storefronts and interesting architectural details, this three-story, 22,761-square-foot brick warehouse in Eastern Market is an exceptional property for an adaptive reuse conversion for either creative commercial, office space and/or residential lofts. The current owner has maintained the property while renovating select suites as needed. With mostly open floor plans, this is a blank canvas for developers or users looking to be within walking distance of Detroit’s historic open-air market. Adjacent parking lot can be included in the sale. (Parking options available). This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market’s history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale. Proof of funds required for all tours.

1337 Division Street, Detroit

1357 Division Street, Detroit
$1,150,000
20251037904 MLS ⋅ ACTIVE Status
Built in 1927 with Art Deco architectural details decorating the facade, this three-story, 11,520-square-foot brick warehouse in Eastern Market is the perfect property for an adaptive reuse conversion for either creative office space or residential lofts. The current owner has maintained the property while renovating select suites as needed. With mostly open floor plans, this is a blank canvas for developers or users looking to be within walking distance of Detroit’s historic open-air market. One of the nearby parking lots can be included in the sale. This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market’s history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale. Proof of funds required for all tours.

1357 Division Street, Detroit

1515 Division Street, Detroit
$1,000,000
20251037892 MLS ⋅ ACTIVE Status
Located in the heart of Eastern Market, this 10,000-square-foot multi-tenant building offers an excellent investment opportunity in one of Detroit’s most sought-after neighborhoods. Fully leased with three retail tenants—Well Done Goods, Vintage Eastern Market, and Arthur Rugenstein—the property provides investors with a stable, cash-flowing asset. Ownership has also invested significantly in upgrades to the building’s MEP systems, roof, and storefront, ensuring long-term value. This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market’s history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale. Proof of funds required for all tours.

1515 Division Street, Detroit

534 Bellevue Street, Detroit
$37,000
20251029759 MLS ⋅ ACTIVE Status
TAKE A LOOK AT THE BEST TINY HOME SITE IN DETROIT!Unlock a fully envisioned tiny-home development site in one of Detroit’s most energized corridors. This 35' x 153' parcel comes with a conceptual site plan featuring three modern tiny homes, each positioned for privacy, efficiency, and strong rental performance. The layout includes dedicated 9' x 18' off-street parking spaces, smart building setbacks, and a clean circulation pattern—an ideal foundation for a micro-community, STR village, or compact urban living concept.Located directly across from Southern Fires and just steps from E. Jefferson, Belle Isle, and the Riverwalk, the site offers unmatched access to recreation, dining, and downtown connectivity. It also sits within the emerging WNBA training district, placing future residents in the heart of new investment and neighborhood momentum.An adjacent parcel measuring 104' x 153' (MLS #20251055525)—featuring a warehouse and additional land—is also available, allowing developers to scale the concept into a larger tiny-home campus or mixed-use compound totaling nearly half an acre.Bring your plans and creativity. The vision for Detroit’s next boutique tiny-home community starts here.

534 Bellevue Street, Detroit

200 S RIVER PLACE Drive, Detroit
$649,000
2 Beds ⋅ 3 Baths ⋅ 20250029310 MLS ⋅ ACTIVE Status
Seller paid Association DUES for 1 year...Historic one-of-a-kind 2BR+Bonus End-Unit Loft — 2,094 SF, Vacant, Price Improved $15K — Riverfront, Secured Parking Stunning end-unit loft in the original 1906 Parke-Davis headquarters at 200 River Place — 2,094 sq ft of open, contemporary living with exposed timber ceilings, brick walls, oversized windows, and secure in-house parking. This vacant, move-in-ready 2-bedroom plus bonus room was updated in 2023 and features hardwood floors, updated kitchen and baths, stainless steel appliances, a large island and a bonus island, a Nest thermostat, in-unit W/D, a cozy gas fireplace, and a large master en suite. Upgraded electric blinds and custom sound-barrier windows above bedrooms preserve quiet. Enjoy direct access to Detroit’s Riverwalk, steps to the Aretha Franklin Amphitheatre, shops, restaurants, and major venues with skyline and river views (Canada visible). Association fee includes insurance, gas, water, sewer, trash, snow removal, grounds maintenance, and security. Seller is leaving select furniture and appliances; quick possession available — now $15,000 price improvement. Schedule your showing today.

200 S RIVER PLACE Drive, Detroit

740 E GRAND Boulevard, Detroit
$699,900
20250010521 MLS ⋅ ACTIVE Status
HISTORICAL BUILDING – TRINITY DELIVERANCE CHURCH: This two-story, approximately 23,000 sq. ft. building includes a full basement and seating for around 1,100, including balcony seating. Located near Island View, Indian Village, and Belle Isle, it presents an excellent opportunity for investors. The interior offers endless potential for repurposing as low-income apartments, an art gallery, a modern dance studio, or a banquet center. The building requires rehabilitation, including plumbing, heating, and electrical repairs due to vandalism. A vacant parcel adjacent to the east side of the alley, measuring 150x57, is included for parking. The purchase of the parsonage (house at 728 E. Grand Blvd.) is optional and available for consideration.

740 E GRAND Boulevard, Detroit

2941 E WARREN Avenue, Detroit
$500,000
24 Baths ⋅ 20250000212 MLS ⋅ ACTIVE Status
Introducing a rare opportunity to acquire 2941 East Warren, a historic four-story building located in the charming Poletown neighborhood of Detroit. This unique 29,400 square foot property, formerly the Banner Cigar Manufacturing Company, sits on 0.28 acres of land and is ideal for a stunning apartment or condominium conversion. Priced at $1,100,000, this property offers immense potential for redevelopment. Conveniently situated near major freeways and downtown Detroit, 2941 East Warren provides an excellent investment opportunity in a rapidly developing area. The sale also includes adjacent properties at 5013 & 5021 Mitchell, further enhancing its value. Don't miss the chance to own a piece of Detroit's history and shape its future. Property Sold AS IS BATVAI

2941 E WARREN Avenue, Detroit

2941 E WARREN Avenue, Detroit
$500,000
20250000208 MLS ⋅ ACTIVE Status
Introducing a rare opportunity to acquire 2941 East Warren, a historic four-story building located in the charming Poletown neighborhood of Detroit. This unique 29,400 square foot property, formerly the Banner Cigar Manufacturing Company, sits on 0.28 acres of land and is ideal for a stunning apartment or condominium conversion. Priced at $1,100,000, this property offers immense potential for redevelopment. Conveniently situated near major freeways and downtown Detroit, 2941 East Warren provides an excellent investment opportunity in a rapidly developing area. The sale also includes adjacent properties at 5013 & 5021 Mitchell, further enhancing its value. Don't miss the chance to own a piece of Detroit's history and shape its future. Property Sold AS IS BATVAI

2941 E WARREN Avenue, Detroit

1938 Franklin Street, Detroit
$3,950,000
20240079430 MLS ⋅ ACTIVE Status
The newly renovated Elevator Building offers creative workspace in the heart of Detroit's East Riverfront. The building hosts a community of creative professionals working in media, architecture, fashion, wellness, community services, and other fields. The spaces offer a modern reboot of Detroit's industrial past, featuring ample light, high ceilings, and exposed brick and beams. Capital improvements include new roof systems, energy-efficient windows, new HVAC units, and renovated bathrooms. Amenities have also been added, including a conference room, kitchenette, bike storage, high-speed wifi and a private shower room. Tenants take advantage of the building's direct proximity to the award-winning Riverwalk and the Dequindre Cut to access downtown, Eastern Market and Lafayette Park by foot, bike or scooter. Wednesday October 30th from Noon - 2:00 PM

1938 Franklin Street, Detroit

3320 SPINNAKER Lane, Detroit
$99,900
1 Beds ⋅ 1 Baths ⋅ 20240076466 MLS ⋅ ACTIVE Status
Gorgeous Detroit River Views + Panoramic city views all in a modern 11th floor condo. Welcome to Harbor Town & your elegant 1 Bedroom Detroit East Riverfront Condo, facing east towards the breathtaking Belle Isle State park. Boasting a large living space with large windows that showcase the stunning views of the sparkling waters of the Detroit River. The kitchen is a Chefs dream with granite and all SS appliances included. Perfect for entertaining with and updated fixtures and a picture cut out window looing out to city views. The primary bedroom enjoys ample space for your furniture, and room for storage with a double closet; the bedroom to has dazzling views, wake up to the sunrise over Belle Isle! The unit also includes convenient amenities such as air conditioning, heating and high speed internet access, and additional storage in the unit and building. Also enjoy Spinnaker Tower access to club house, tennis courts, pool, recreation rooms, 24 hour security, exercise room and more. Located in a prime location, you'll have easy access to all the nest that Detroit has to offer. Walking distance to the River Walk or explore tie many restaurants, bars and shops in the vibrant East Riverfront area.

3320 SPINNAKER Lane, Detroit

471 JEFFERSON, Detroit
$35,000
20240073928 MLS ⋅ ACTIVE Status
Prime vacant lot located in the highly sought-after Islandview neighborhood! This 0.10-acre lot offers a fantastic opportunity to build your dream home or investment property. Ideally situated just minutes from Belle Isle, the Detroit Riverwalk, and downtown, you'll enjoy the perfect blend of peaceful residential living with easy access to the vibrant city life. Don’t miss out on this great location with plenty of potential for future development! The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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 DLBA 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.

471 JEFFERSON, Detroit

6935 E CONGRESS Street, Detroit
$26,000
20240073921 MLS ⋅ ACTIVE Status
This vacant residential lot offers 0.10 acres of prime space, perfect for bringing your development vision to life. Whether you’re looking to build your dream home or make a smart investment, this lot provides an excellent opportunity. Located just minutes from the lively Downtown Detroit, you’ll enjoy easy access to the city's top entertainment, dining, and cultural attractions, all while being part of the growing and desirable Islandview neighborhood. Don’t miss out on the chance to create something special!The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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 DLBA 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.

6935 E CONGRESS Street, Detroit

620 CANTON Street, Detroit
$8,000
20240074114 MLS ⋅ ACTIVE Status
This newest listing is offered by the Detroit Land Bank. This residential vacant lot is located in the Islandview neighborhood. Located minutes from the hustle and bustle of Downtown Detroit. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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 DLBA 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.

620 CANTON Street, Detroit

2525 MELDRUM Street, Detroit
$10,500
20240073912 MLS ⋅ ACTIVE Status
This newest listing is offered by the Detroit Land Bank. This residential vacant lot is located in the Islandview neighborhood. Located minutes from the hustle and bustle of Downtown Detroit. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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 DLBA 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.

2525 MELDRUM Street, Detroit

2515 MELDRUM Street, Detroit
$10,500
20240073906 MLS ⋅ ACTIVE Status
This newest listing is offered by the Detroit Land Bank. This residential vacant lot is located in the Islandview neighborhood. Located minutes from the hustle and bustle of Downtown Detroit. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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 DLBA 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.

2515 MELDRUM Street, Detroit

3280 CANTON Street, Detroit
$7,990
20240073897 MLS ⋅ ACTIVE Status
This newest listing is offered by the Detroit Land Bank. This residential vacant lot This lot is located in the Islandview neighborhood. Located minutes from the hustle and bustle of Downtown Detroit. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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 DLBA 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.

3280 CANTON Street, Detroit

3268 CANTON Street, Detroit
$7,990
20240072380 MLS ⋅ ACTIVE Status
This newest listing is offered by the Detroit Land Bank. This residential vacant lot This lot is located in the Islandview neighborhood. Located minutes from the hustle and bustle of Downtown Detroit. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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 DLBA 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.

3268 CANTON Street, Detroit

3271 CANTON Street, Detroit
$14,900
20240071914 MLS ⋅ ACTIVE Status
This Bundle lot is listed by Erick Monzo which includes 3271 Canton, 3265 Canton, and 3257 Canton. This exceptional bundle includes multiple vacant residential lots, totaling 0.24 acres, providing a fantastic opportunity to bring your development ideas to life. Whether you're envisioning custom homes or planning for future investments, these lots offer endless possibilities. Situated just minutes from the bustling Downtown Detroit, you'll enjoy convenient access to the city's entertainment, dining, and cultural attractions, all while benefiting from the growth and charm of the Islandview neighborhood. Seize this rare chance to create something truly remarkable! The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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 DLBA 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.

3271 CANTON Street, Detroit

2537 CANTON Street, Detroit
$9,900
20240071891 MLS ⋅ ACTIVE Status
This newest listing is offered by the Detroit Land Bank. This vacant residential lot is 45x105 which offers the perfect blank canvas for you to bring your vision to life. Whether you're dreaming of building your custom home or making an investment in the future, this lot is your gateway to possibility. Ideally located just minutes from the vibrant energy of Downtown Detroit, you'll enjoy easy access to the city's entertainment, dining, and cultural scenes while still savoring the charm of the Islandview neighborhood. Don’t miss out on this opportunity to create something truly special! This lot is on The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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 DLBA 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.

2537 CANTON Street, Detroit

1030 HELEN Street, Detroit
$14,900
20240071876 MLS ⋅ ACTIVE Status
This newest listing is offered by the Detroit Land Bank. This vacant residential lot offers the perfect blank canvas for you to bring your vision to life. Whether you're dreaming of building your custom home or making an investment in the future, this lot is your gateway to possibility. Ideally located just minutes from the vibrant energy of Downtown Detroit, you'll enjoy easy access to the city's entertainment, dining, and cultural scenes while still savoring the charm of the Islandview neighborhood. Don’t miss out on this opportunity to create something truly special! This lot is on The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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 DLBA 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.

1030 HELEN Street, Detroit

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