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$ 950,000
Est. payment /mo
Active
2987 Franklin ST #2 Detroit, MI 48207
5,605 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 5,605 sqft
Price per Sqft $169
Subdivision Franklin 2987 Lofts Condo
MLS Listing ID 20251050047
Year Built 1943
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type RealEstateOnly
Property Description
Welcome to this excellent commercial space in Rivertown, located right next to the nationally renowned Detroit Riverwalk and mere minutes from downtown Detroit, and the Eastern Market. Open to multiple uses, such as office, retail, creative, or light industrial, this space can be combined with additional adjacent spaces (see photo 21: Sections 1, 2 + 4 can be purchased solo for $1.25M or in combination with this unit (Section 3) for a discounted $1.99M and a whopping 12,000 sqft). Currently filled with a month to month lease. Purchase includes 2 parking spaces in the attached gated parking lot.
Location
State MI
County Wayne
Area Area05053Detwoodwardmcclellansomack
Interior
Fireplace No
Exterior
Fence Fenced
View Y/N No
Garage false
Building
Foundation Slab
Sewer Sewer At Street
Water WateratStreet
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, Trade1031Exchange, WarrantyDeed
Listing Terms Cash, Conventional, Trade1031Exchange, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
©2026 Realcomp II Ltd. Shareholders
Listed by Jay Taylor of Good Company
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