$3,950,000 for Sale
1938 franklin street, detroit, MI 48207
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
General Information
Sale Price: $3,950,000
Price/SqFt: $141
Status: Active
MLS#: 20240079430
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 0.62
Lot Dimensions: 200x120
Size: 28,078 sq.ft.
Acreage: 0.62 est.
Year Built: 1900
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $48,391
Est. Winter Taxes: $5,922
IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd., ©2026 Realcomp II Ltd. Shareholders
Listing By: Vincent Mazzola of O'Connor Realty Detroit, LLC, Phone: (313) 963-9891
