
Listed by Encore Real Estate Investment Services
$55,000
DLBA - Airport Sub Commercial Structure - 6460 Cymbal
Details
APN 15001081-3
Property Type Retail
Square Footage 11,412
Price per SqFt $5
Zoning M4
Retail | 11,412 SqFt
Marketing description
Located in Detroit's emerging Mt. Elliott Corridor, this commercial property offers an outstanding opportunity for investors, developers, and owner-users seeking a strategic industrial location. Situated at 6460 Cymbal Street, the property features an existing commercial structure on a generously sized lot zoned M-4, providing flexibility for a variety of industrial and commercial uses. With convenient access to major transportation routes, manufacturing hubs, and Downtown Detroit, this property is well-positioned to support business operations, redevelopment, or long-term investment. Whether you're expanding your portfolio or establishing a new commercial presence, this offering presents exceptional value in one of Detroit's growing industrial corridors. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.
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Listed by Encore Real Estate Investment Services
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