314 Mount Vernon Avenue, Grosse Pointe Farms, Michigan


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About 314 Mount Vernon Avenue

This property is within walking distance to the Q-Line and New Center Area. Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF or Pre-App letter on a new construction loan. 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. Please see attached documents for DLBA requirements and offer submission information.

Features of 314 Mount Vernon Avenue

MLS® # 60131241
Price $13,500
Acres 0.08
Type Land
Sub-Type Vacant Land / Dockominium
Status Active
Source MLS MiRealSource
Originating MLS RealComp

Community Information

Address 314 Mount Vernon Avenue
Area Detroit
Subdivision Lothrop Estate Co Mt Vernon Sub
City Grosse Pointe Farms
County Wayne
State Michigan
Zip Code 48236 3439


Is Waterfront No

School Information

District Grosse Pointe Public Schools

Additional Information

Zoning Residential
Foreclosure Yes
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRCH Brokerage Legacy Inc

Listing Map

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