$15,000,000 for Sale

1438 franklin street, detroit, MI 48207

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.
General Information
Sale Price: $15,000,000
Price/SqFt: $1,052
Status: Active
MLS#: rcomi20240064175
Originating MLS: Realcomp2
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 0.12
Lot Dimensions: 54 x 97
Size: 14,260 sq.ft.
Acreage: 0.12 est.
Year Built: 1924
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $7,997
Est. Winter Taxes:  $966


IDX provided courtesy of Realcomp II Ltd. via Crown Real Estate Group and Realcomp II Ltd., ©2024 Realcomp II Ltd. Shareholders Listing By: Samuel Abdoo of Abdoo Realty, Phone: (313) 571-3885
(989) 598-7401 Call Kimberly Bodenschatz for more information about this property.

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Kimberly Bodenschatz
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(989) 598-7401