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2987 Franklin Street 2

Detroit, MI 48207
Square Ft.
5,605
$950,000
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… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Good Company.
Listing Snapshot
Days Online
156
Last Updated
Property Type
Commercial
Square Ft.
5,605
Lot Size
0.07 Acres
Year Built
1943
MLS Number
20251050047
30 Days Snapshot - Source: Home Junction
30 Days Snapshot Of 48207
$169k
+104%
(avg) sold price
13
-7%
homes sold
80
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Building
Built in 1943, Remodelled in 2021, 5,605 total square feet, 5,605 main square feet, Brick
Exterior Features
Fenced
Foundation
Slab
Water Features
Water at Street
Lot
Lot size area: 0.07, Lot size dimensions: 200x100
Miscellaneous
Gross scheduled income: $204,000, Net operating income: $183,600, Operating expense: $20,400, Real Estate Only
Property
Property type: Commercial, Commercial
Taxes
Tax amount (summer): $7,782, Tax amount (winter): $919
Sewer
Sewer at Street
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Mortgage Calculator - Source: Home Junction
Monthly Payment
$0
Quinton Lemond
Broker/Owner
Agent profile image

Schools In The Area

Check out nearby schools with ratings and contact info - Source: Home Junction
Bunche Preparatory Academy 313-494-8350 Public PK-8
Martin Luther King Jr. Senior High School 313-494-7373 Public 9-12
Bunche Preparatory Academy 313-494-8350 Public PK-8
Bunche Preparatory Academy 313-494-8350 Public PK-8
Bunche Preparatory Academy 313-494-8350 Public PK-8
Martin Luther King Jr. Senior High School 313-494-7373 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via GoodHome Realty, LLC and Quinton Lemond, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via GoodHome Realty, LLC and Quinton Lemond, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.