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$1,250,000
5 Days On Site
2987 Franklin StreetDetroit City, MI 48207
For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
6,677
SqFt
$187
/SqFt
1943
Built
Subdivision:
FRANKLIN 2987 LOFTS CONDO
County:
Wayne
Call Now: 810-360-3488
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810-360-3488
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Monthly Payment (Est.)
$5,703Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
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: Section 3 can be purchased solo for $950K or in combination with this unit (Sections 1, 2 + 4) 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.
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Listing Snapshot
Price
$1,250,000
Days On Site
5 Days
Bedrooms
N/A
Inside Area (SqFt)
6,677 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1 Acres
Year Built
1943
MLS® Number
20261005523
Status
Active
Property Tax
$11,607
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 5 days ago | Listing first seen on site | |
| 5 days ago | Listing updated with changes from the MLS® |
General Features
Acres
0.1
Additional Property Use
Office
Cross Street
Jefferson + McDougal
Foundation
Slab
Security
Security Fence
Special Circumstances
Standard
SqFt Above
6677
SqFt Total
6677
Utilities
Sewer AvailableWater Available
Zoning
Commercial
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Exterior Features
Construction Details
Brick
Fencing
FencedPerimeter
Community Features
Financing Terms Available
CashConventional1031 ExchangeTrade
MLS Area
Area05053DetWoodwardMcclellanSoMack
Roads
Paved
School District
Detroit
Schools
School District
Detroit
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Good Company: [email protected]
IDX provided courtesy of Realcomp II Ltd. via RealcompIILtd. Copyright © 2026 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
IDX provided courtesy of Realcomp II Ltd. via RealcompIILtd. Copyright © 2026 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
Neighborhood & Commute
Source: Walkscore
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