Detroit, MI 48207 4037,1938 Franklin Street
Detroit, MI 48207 4037,1938 Franklin Street
Detroit, MI 48207 4037,1938 Franklin Street
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$3,950,000
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28,078 SqFt
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1938 Franklin Street Detroit, MI 48207 4037

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UPDATED:

10/21/2024 02:53 AM

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 28,078 sqft

Price per Sqft $140

Subdivision Mi

MLS Listing ID 60348667

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 Detroit (82001)

Zoning Commercial

Exterior

Waterfront No

Roof Type Rubber

Building

Water Public Water

Structure Type Brick

Others

Ownership Private

Financing Cash,Conventional


MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by O'Connor Realty Detroit, LLC

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Mary Aubrey-Rogers

Broker Associate | License ID: 6506043343

+1(313) 319-5679

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1938 Franklin Street