1938 Franklin Street, Detroit, MI 48207 - MLS#20240079430

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Jay Fontaine

jay@fontainerealtyteam.com +1(734) 718-7425

$3,950,000

Est. payment - /mo

28,078 SqFt

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UPDATED:

10/21/2024 02:34 AM

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 28,078 sqft

Price per Sqft $140

Subdivision Sub Of Lot 2 Witherell Farm (Plats)

MLS Listing ID 20240079430

Originating Board Realcomp II Ltd

Year Built 1900

Annual Tax Amount $54,311

Lot Size 0.620 Acres

Acres 0.62

Lot Dimensions 200x120

Property Description

The newly renovated Elevator Building offers creative workspace in the heart of Detroit's East Riverfront. The building hosts a community of creative professionals working in media, architecture, fashion, wellness, community services, and other fields. The spaces offer a modern reboot of Detroit's industrial past, featuring ample light, high ceilings, and exposed brick and beams. Capital improvements include new roof systems, energy-efficient windows, new HVAC units, and renovated bathrooms. Amenities have also been added, including a conference room, kitchenette, bike storage, high-speed wifi and a private shower room. Tenants take advantage of the building's direct proximity to the award-winning Riverwalk and the Dequindre Cut to access downtown, Eastern Market and Lafayette Park by foot, bike or scooter. Wednesday October 30th from Noon - 2:00 PM

Location

State MI

County Wayne

Area Det Woodward-Mcclellan/So Mack

Zoning Commercial

Direction In Detroit's Riverfront & adjacent to the Dequindre cut greenway

Exterior

Exterior Feature Fenced

Utilities Available Security Alarm

Waterfront no

Roof Type Rubber

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W23I002011S015F

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 2010

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

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Listed by Vincent Mazzola of O'Connor Realty Detroit, LLC

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Jay Fontaine

+1(734) 718-7425

Broker | License ID: 370315

Broker License ID: 370315

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