1438 FRANKLIN Street $11,999,000

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    1438 FRANKLIN Street Detroit, MI 48207

    • 14,260 sq. ft.
    • 0.12 Acres
    • Commercial
    • MLS# 60335203
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    Views: 37 Days On Site: 115

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    Property Details

    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.

    • General Features
      • Acreage 0.12
      • Area Municipality Detroit (82001)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Total SqFt Finished 14260
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Commercial
    • Building Features
      • Exterior Construction Brick
      • Foundation Type Slab
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
    • Property Features
      • Water Public Water
      • Lot Size 54 x 97
      • Roads Paved Street
      • Sewer Septic Public Sanitary

    Neighborhood

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $11,999,000
    10/24/2024 5:22:30 PM Price Reduced Source: Multiple Listing Service New Value: $11,999,000 -20.01%
    8/28/2024 12:53:00 PM New in Database Source: Multiple Listing Service New Value: $15,000,000

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    Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.