Property Showcase

1438 FRANKLINDetroit, MI 48207

$8,900,000
Commercial
  • Sqft:44,649
  • Lot:0.12 acre
  • MLS#: 219053354
42.332904815673828-83.030693054199219
Provided through IDX through Realcomp II Ltd. Courtesy of Keller Williams Realty-Great Lakes Copyright 2019 Realcomp II Ltd. Shareholders

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. ( Additional MLS Data: Summer Tax: $6982, Winter Tax: $848 )

Main Features:

Year Built 1924 Floors 3
School District Detroit County Wayne County
Taxes $7,830.00 Rental Price $0
Zoning Commercial Subdivision Gouin Farm Plat As Sub By A E Hathon (Deeds)

Additional Features:

Construction Brick
Financing Cash
Conventional
Foundation Poured
Slab
Heating Forced Air
Natural Gas
Land Contract No
Levels 3 Story
License Liquor
Lock Box Appointment
Ownership Private Owned
Short Sale - No
Possession Negotiable
Restrictions No
Road Frontage Class A
Settlement City
Sewer Sewer at Street
Short Sale No
Title Private - Owned
Transaction Type Sale
Type Commercial
Water Source Municipal Water
Zoning Commercial

Extra Features:

Assessment 0 Gross Income 0.00
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 List Type (Exclusive) Exclusive Right to Sell
MLSSystem ID Realcomp II Ltd Net Operating Income 0.00
Office Square Feet 0 SQFT Source PRD
SQFT Source Public Records Square Footage Total 44649
Tax ID W07I000028S

Debbie Horner is licensed in the State of Michigan.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Realcomp II Ltd. 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. Real estate listings held by brokerage firms other than Debbie Horner, are indicated by detailed information about them such as the name of the listing firms.
Information deemed reliable but not guaranteed.
Copyright© 2019 Realcomp II Ltd. All Rights Reserved.
Last Updated On: 10/17/2019 6:20:13 PM

1438 FRANKLIN, Detroit, MI 48207

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Debbie Horner is licensed in the State of Michigan.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Realcomp II Ltd. 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. Real estate listings held by brokerage firms other than Debbie Horner, are indicated by detailed information about them such as the name of the listing firms.
Information deemed reliable but not guaranteed.
Copyright© 2019 Realcomp II Ltd. All Rights Reserved.
Last Updated On: 10/17/2019 6:20:13 PM

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