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$ 11,999,000
Est. payment /mo
Price Dropped by $3.0M
1438 FRANKLIN Street Detroit, MI 48207
14,260 SqFt
UPDATED:
10/24/2024 09:00 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 14,260 sqft
Price per Sqft $841
MLS Listing ID 20240064175
Originating Board Realcomp
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 Wayne County - 100
Zoning Commercial
Direction S of Jefferson and E of Rivard
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Foundation Slab
Sewer Public
Water Public
Structure Type Brick
Others
Tax ID 07000028.
Listed by Abdoo Realty