$950,000 for Sale

2987 franklin street, detroit, MI 48207

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.
General Information
Sale Price: $950,000
Price/SqFt: $48
Status: Active
MLS#: rcomi20251050047
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 0.07
Lot Dimensions: 200x100
Size: 20,000 sq.ft.
Acreage: 0.07 est.
Year Built: 1943
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $7,782
Est. Winter Taxes:  $919


IDX provided courtesy of Realcomp II Ltd. via AAA McNamara Properties and Realcomp II Ltd., ©2025 Realcomp II Ltd. Shareholders Listing By: Jay Taylor of Good Company, Phone: (248) 733-5811
Call Michelle Weber for more information about this property. (810) 399-4000

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Listings Presented by:
Michelle Weber
Call:
(810) 399-4000

Office:
(810) 733-2226