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1938 Franklin St
Detroit, MI 48207 Rivertown

$3,950,000 USD

Loft Creative Space For Sale  •  28,078 SF

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 28,078 SF
  • Lot Size 0.62 AC
  • Building Class C
  • Year Built 1900
  • Cap Rate 9.00 %
  • Tenancy Multiple
  • Zoning SD-4
59 Transit Score
76 Walk Score

Highlights

Newly renovated with modern amenities, including high ceilings, exposed brick, and ample natural light
Situated in the East Riverfront district, with easy access to downtown, Eastern Market, and Lafayette Park
Features new roof systems, energy-efficient windows, and new HVAC units

Property Flyers

Cap Rate: 9.00 %

Public Transportation

Commuter RailDriveWalkDistance
13 min - 4.4 mi
10 min - 4.4 mi
Transit/SubwayDriveWalkDistance
Renaissance Center (Detroit People Mover - Detroit People Mover) 4 min 16 min 0.9 mi
Bricktown (Detroit People Mover - Detroit People Mover) 3 min 19 min 1.0 mi
Millender Center (Detroit People Mover - Detroit People Mover) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
Windsor International 26 min - 10.2 mi
Detroit Metro Wayne County 38 min - 25.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 22
Type: Surface
Included in Rent: Yes
Vincent Mazzola 313-704-2678 O'Connor Real Estate
Vincent Mazzola 313-704-2678 O'Connor Real Estate