2987 Franklin ST #2 Active

Detroit,MI 48207

$ 950000

- Bed

- Bath

5605 SqFt


Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Active

Purchase Type For Sale

Square Footage 5,605 sqft

Price per Sqft $169

Subdivision Franklin 2987 Lofts Condo

MLS Listing ID 20251050047

Year Built 1943

Property Sub-Type RealEstateOnly

Property Description

Welcome to this excellent commercial space in Rivertown, located right next to the nationally renowned Detroit Riverwalk and mere minutes from downtown Detroit, and the Eastern Market. Open to multiple uses, such as office, retail, creative, or light industrial, this space can be combined with additional adjacent spaces (see photo 21: Sections 1, 2 + 4 can be purchased solo for $1.25M or in combination with this unit (Section 3) for a discounted $1.99M and a whopping 12,000 sqft). Currently filled with a month to month lease. Purchase includes 2 parking spaces in the attached gated parking lot.

Location

State MI

County Wayne

Area Area05053Detwoodwardmcclellansomack

Exterior

Fence Fenced

View Y/N No

Building

Foundation Slab

Sewer SewerAtStreet

Water WateratStreet

New Construction No

Schools

School District Detroit

Others

Acceptable Financing Cash, Conventional, Trade1031Exchange, WarrantyDeed

Listing Terms Cash, Conventional, Trade1031Exchange, WarrantyDeed

Special Listing Condition ShortSaleNo, Standard

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