Homes for sale - 1438 FRANKLIN Street, Detroit, MI 48207

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Chris Hubel

chris@chrishubel.com +1(248) 568-6030

$ 11,999,000

Est. payment -/mo

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1438 FRANKLIN Street Detroit, MI 48207

14,260 SqFt

UPDATED:

10/24/2024 08:59 PM

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 14,260 sqft

Price per Sqft $841

MLS Listing ID 20240064175

Originating Board Realcomp II Ltd

Year Built 1924

Annual Tax Amount $8,963

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 54 x 97

Property Description

PRIME DOWNTOWN DETROIT LOCATION! EXCELLENT DEVELOPMENT OPPORTUNITY! Located in the heart of Detroit boasting views of the Detroit River and Riverwalk. Sale includes three parcels. Brick three story building currently used as restaurant/club/event center with spacious outdoor patio and event space. The first floor has a fully functioning kitchen and is currently used as the main restaurant with ample seating and bar. The second floor has a bar and can be used as a nightclub or private events/parties. Third floor currently breakfast/brunch bar. Liquor license is included. Patio lot and parking lot across the street included in sale. Seller willing separate parking lot.

Location

State MI

County Wayne

Area Det Woodward-Mcclellan/So Mack

Zoning Commercial

Direction S of Jefferson and E of Rivard

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Utilities Available Elevator

Road Frontage Paved

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 3 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID 07000028.

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 1924

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

Listed by Samuel Abdoo of Abdoo Realty