Active

1938 Franklin Street

Detroit MI, 48207 4037

$3,950,000


$140.68 per sqft

Active

28,078 sqft

Commercial

The newly renovated Elevator Building offers creative workspace in the heart of Detroit's East Riverfront. The building hosts a community of creative professionals working in media, architecture, fashion, wellness, community services, and other fields. The spaces offer a modern reboot of Detroit's industrial past, featuring ample light, high ceilings, and exposed brick and beams. Capital improvements include new roof systems, energy-efficient windows, new HVAC units, and renovated bathrooms. Amenities have also been added, including a conference room, kitchenette, bike storage, high-speed wifi and a private shower room. Tenants take advantage of the building's direct proximity to the award-winning Riverwalk and the Dequindre Cut to access downtown, Eastern Market and Lafayette Park by foot, bike or scooter. Wednesday October 30th from Noon - 2:00 PM

60348667

MLS ID

October 20, 2024

Listed

February 12, 2025

Updated

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.62 Acres


Roof

Rubber


Sewer

Public Sanitary

Other Property Details

Area Name

Detroit (82001)


Taxes

$54,311


Tax Frequency

Annually


Days on Market

51


Garage

No


View

No


County

Wayne


Water Source

Public


Pool

No

Listed by Vincent Mazzola with O'Connor Realty Detroit, LLC
Listing Contact: 313-963-9891 

Based on information originating from the MiRealSource as of 2/12/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 MiRealSource all rights reserved.

Data last updated on 2/12/2025 at 10:58 PM UTC

Powered byLuxury Presence