click to enable zoom
searching...
We didn't find any results
open map
View Roadmap Satellite Hybrid Terrain My Location Fullscreen
Your search results

1438 FRANKLIN

$ 8,900,000
1438 FRANKLIN , ,
63
Active

Description

LOCATION, LOCATION, LOCATION!!! Three story restaurant/club/event center in the heart of Detroit with views of the Detroit River and Riverwalk. During the summer months, enjoy the outdoor patio with the Renaissance Center as a backdrop. The first floor has a fully functioning kitchen and is currently used as the main restaurant with ample seating and bar. The second and third floors also contain a bar and can be used as a nightclub or private events/parties. Liquor license is included with this awesome opportunity!! HIGHLY MOTIVATED SELLER WILLING TO CONSIDER ALL OFFERS! Can be purchased as a package with two vacant lots for $20,000,000 – MLS #219054074 and MLS #219054090.

Address: 1438 FRANKLIN
City:
State/County:
Zip: 48207
Open In Google Maps
Property Id : 24057
Price: $ 8,900,000
Building size: 0.12 acres
Available Space: 44649 sq.ft.
Active Openhouse Count: 0
Architecture Level: 3 Story
Assessment: 0
Building Area Source: Public Records
Business Licenses: Liquor
CDOM: 104
Commercial Type: Commercial
Construction Materials: Brick
County Or Parish: Wayne
Current Use: Restaurant and Club
Directions: East on Franklin off of Rivard
Directions From EastWest: E
Directions From EastWest Detail: Rivard
Directions From NorthSouth: S
Directions From NorthSouth Detail: Jefferson
DOM: 104
Foundation Details: Slab
Foundation Materials: Poured
Frontage Feet: 54
Gross Scheduled Income: 0.00
Heating: Forced Air
Heating Fuel: Natural Gas
Last Change Type: New
List Office Name: Keller Williams Realty-Great Lakes
List Price By Acre: 74166666.6667
Lock Box Type: Appointment
Lot Size Dimensions: 54x95x54x100
MLS: Realcomp II Ltd
MLS Area Major: Det Woodward-Mcclellan/So Mack
MLS Area Major Number: 05053
MLS Number: 219053354
Monthly Sales: 0
Annual Net Income: 0.00
Operating Expense: 0.00
Original List Price: 8900000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W07I000028S
Postal City: Detroit
Property Type: Commercial
Protection Period: 90
Road Frontage Type: Class A
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer at Street
Short Sale: No
Sqft Main: 14471
Sqft Office: 0
Sqft Source: PRD
State Equalized Value: 169900.0000
Street Name: FRANKLIN
Street Number: 1438
Subdivision Name: GOUIN FARM PLAT AS SUB BY A E HATHON (DEEDS)
Table: Commercial
Taxable Value: 89383.0000
Tax Amount Summer: 6982.0000
Tax Amount Winter: 848.0000
Tax Legal Description: S FRANKLIN 15 EXC S 30 FT PLAT OF GUOIN FARM L11 P596 DEEDS, W C R 7/3 54.32 X 97.43A
Title: Private - Owned
Total Tax: 7830.0000
Unit Count: 0
Virtual Tour URL Unbranded: https://www.dropbox.com/home/Anthony%20Monzo%20Group/Downtown%20JUNE%209%202019?preview=1438+Franklin+Street+Detroit+MI+48207.mp4
Water Source: Municipal Water
Year Built: 1924
Zoning: Commercial
Customer Comment: Yes
Encroachment: No
Exclusions: No
Land Contract: No
Publish Sale Price: Yes
Restrictions: No
Waterfront: No
Zone Conform: Yes
IDX provided courtesy of Realcomp II Ltd., via Keller Williams Realty-Great Lakes and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

Similar Listings

$ 82,499
Sales
Active

17809 JOSEPH CAMPAU Street

17809 JOSEPH CAMPAU ST , Detroit
Category: Apartments, Office, Other, Sales
2 beds
960.00 ft2
$ 160,000
Sales
Active

17175 HARPER Avenue

17175 HARPER AVE , Detroit
Category: Bar/Restaurant, Other, Sales
1,600.00 ft2
$ 409,000
Sales
Active

19807 VAN DYKE Street

19807 VAN DYKE ST , Detroit
Category: Other, Sales
11,000.00 ft2
$ 99,900
Sales
Active

7641 JOY Road

7641 JOY RD , Detroit
Category: Other, Sales
1,800.00 ft2

Compare Listings