1974 FRANKLIN Street $4,000,000

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    1974 FRANKLIN Street Detroit, MI 48207

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    $4,000,000

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    • 18,600 sq. ft.
    • 0.14 Acres
    • Commercial
    • MLS# 219122552
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    Views: 1130 Days On Market: 169

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    Property Details

    Introducing The Rivertown Collective. The Purple Gang building is part of a package of 5 unique properties, adjacent to the Detroit River, conveniently situated in Detroit's Rivertown Warehouse District. At 18,600 sqft this building is a blank canvas awaiting prime development! All properties are currently zoned SD4. List price includes this property plus 4 additional properties. See additional addresses: 1969 Franklin St, 2013 Franklin St, 271 St. Aubin, and 2000 Woodbridge St. 4,000,000 for this building alone. Offered in an assemblage with 1969 Franklin St, 2013 Franklin St, 271 St. Aubin, and 2000 Woodbridge St for 18,000,000.

    • General Features
      • County Or Parish Wayne
      • Settlement City
      • Subdivision MORE THAN ONE SUBDIVISION INVOLVED
      • Commercial Type Commercial
      • Current Use Former Warehouse
      • Lot Size Area 0.14
      • Zoning Commercial, Residential
      • Ownership Status Private Owned, Short Sale - No
      • Originating MLS Realcomp II Ltd
      • Year Built 1900
      • Sqft Total 18,600
      • Operating Expense $0
      • Net Operating Expense $0
      • Gross Scheduled Income $0
      • Tax Amount - Summer 1835.0000
      • Tax Amount - Winter 208.0000
    • Building Features
      • Foundation Details Slab
      • Construction Materials Brick
    • Property Features
      • Commercial Utilities Elevator
      • Road Frontage Type Pub. Sidewalk
      • Frontage Feet 54
      • Lot Size Dimensions 54x117x53x120
      • Water Source Municipal Water
      • Sewer Sewer-Sanitary
    • Schools
      • School District Detroit
    Listing information is provided through IDX through RealComp II Ltd. All information is deemed reliable but is not guaranteed. 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. Copyright 2020 Realcomp II Ltd. Shareholders.


    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

    Neighborhood

    48207 (Detroit) Demographics

    41 Median Age
    3,521 Population Density (per sq. mile)
    35% College Educated
    $25,033 Estimated Median Income
    2,658 Estimated Total Home Owners
    8,669 Estimated Total Renters
    23% / 77% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    21,832 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    115 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $4,000,000 -77.78%
        12/13/2019 10:27:00 PM New in Database Source New Value: $18,000,000

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