6195 Selkirk St, Detroit, MI 48211

Property Description

Welcome to the latest offering from the Detroit Land Bank Authority. Former automotive shop/warehouse in need of major renovation on the east side of Detroit. Over 15,000 sqft of space available for your creative ideas. 12 foot bay doors on either side as well as office space in the front can make for a very complimentary business in an up and coming area. 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 abatements and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.