1938 Franklin Street

Detroit, MI 48207
Square Ft.
28,078
$3,950,000
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, andRead MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of O'Connor Realty Detroit, LLC, (313) 963-9891.
Listing Snapshot
Days Online
530
Last Updated
Property Type
Commercial
Square Ft.
28,078
Lot Size
0.62 Acres
Year Built
1900
MLS Number
20240079430
30 Days Snapshot Of 48207
$169k
+104%
(avg) sold price
13
-7%
homes sold
80
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Building
Built in 1900, Remodelled in 2010, 28,078 total square feet, 28,078 main square feet, Unit count: 0, Brick
Exterior Features
Fenced
Water Features
Public (Municipal)
Lot
Lot size area: 0.62, Lot size dimensions: 200x120
Miscellaneous
Gross scheduled income: $518,503, Net operating income: $354,399, Operating expense: $166,128, Real Estate Only
Property
Property type: Commercial, Commercial
Taxes
Tax amount (summer): $48,391, Tax amount (winter): $5,922
Utilities
Security Alarm, Fire Alarm
Sewer
Sewer (Sewer-Sanitary)
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
Mortgage Calculator
Monthly Payment
$0
Ali Berry
Broker/Owner
Agent profile image

Schools In The Area

Check out nearby schools with ratings and contact info.

Similar Listings

View More Listings

IDX provided courtesy of Realcomp II Ltd., via Quest Realty and Ali Berry, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.