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3418-3426 John R St, Detroit, MI 48201

$525,000
: 9
BD
: 9
BA
: 5,550
SqFt

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List Price: $525,000
MLS#: 2210086543
Status: PENDING
Bedrooms: 9
Bathrooms: 9
Half-baths: 3
Total Square Footage: 5,550
Subdivision: ERSKINE TERRACE

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Property Description

Amazing BRUSH PARK Residential Development Opportunity in the heart of Detroit. One of a kind opportunity to be neighbors with some of the most monumental redevelopments in Detroits resurgence, such as Little Caesars Arena, Wayne State University Mike Illitch School of Business, Detroit Medical Center, and many more. The Detroit Land Bank Authority is seeking a developer for a prime development site comprised of a vacant shell to be transformed into apartment or condo use under the current R5 Zoning - Minimum Density Residential District. The site contains 3 adjacent structures: 3418, 3422 and 3426 John R Street. Detailed proposals are not limited to site plans, Proof of Funds for both the acquisition and construction costs, as well as developer experience. The Development Proposal Guidelines and offer instructions are attached to listing. Seller Purchase and Development Agreement to be provided upon acceptance of qualifying offer. All proposals are due November 14, 2021.

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Additional Information

Site Description: Level
Year Built: 1903
Basement Type: Unfinished
Foundation: Basement, Brick/Mortar, Stone
Acres: 0.10
Lot Dimensions: 64.00 X 73.00
Style: Townhouse
Acres: 0.10
School District: Detroit
Heating: Forced Air, Natural Gas
Exterior Features: Balcony
Garage Description: None