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1938 Franklin ST Detroit, MI 48207

Active
$3,950,000
1938 Franklin ST Detroit, MI 48207
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1938 Franklin ST, Detroit, MI 48207
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Erin Raetz

Erin Raetz

erin@raetzteam.com +1(586) 996-8410
$3,950,000
Est. payment /mo
28,078 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Active

Purchase Type For Sale

Square Footage 28,078 sqft

Price per Sqft $140

Subdivision Sub Of Lot 2 Witherell Farm (Plats)

MLS Listing ID 20240079430

Year Built 1900

Lot Size 0.620 Acres

Acres 0.62

Property Sub-Type RealEstateOnly

Property Description

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

Location

State MI

County Wayne

Area Area05053Detwoodwardmcclellansomack

Interior

Fireplace No

Exterior

View Y/N No

Roof Type Rubber

Building

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard


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Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Vincent Mazzola of O'Connor Realty Detroit, LLC

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Erin Raetz

Erin Raetz

+1(586) 996-8410

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Michigan

Erin Raetz

+1(586) 996-8410 erin@raetzteam.com

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