Active

1438 FRANKLIN Street

Detroit MI, 48207

$11,999,000


$841.44 per sqft

Active

14,260 sqft

Commercial

Built in 1924

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.

20240064175

MLS ID

August 28, 2024

Listed

November 22, 2024

Updated

Map

1438 FRANKLIN Street
Detroit MI, 48207

Interior Features

Interior Features

Elevator


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.12 Acres

School Information

School District

Detroit

Other Property Details

Area Name

Det Woodward-Mcclellan/So Mack


Taxes

$8,963


Tax Frequency

Annually


Days on Market

58


Garage

No


View

No


County

Wayne


Pool

No


Zoning

Commercial

Listing History

Date

Event

Price

10/24/2024

Price change

$11,999,000

-21%

 

Courtesy of Abdoo Realty

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Alex Nugent shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 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.

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Originating MLS:
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Data last updated 6:09 AM UTC, 11/22/2024

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