2987 Franklin St Section 3

Detroit, MI
$ 1,121,000 Beds 0 Baths 0 Sq 5,605
Monthly Estimate* How much can I afford?

GREAT SPACE FOR MULTIPLE USES SUCH AS OFFICE SPACE, RETAIL, AND/OR RESTAURANT LOCATED IN DETROIT'S RIVERTOWN DISTRICT! JUST STEPS FROM THE DETROIT RIVERWALK, EASTERN MARKET, AND CITY CENTER, THIS SPACE IS AN IDEAL LOCATION FOR BUSINESS OR PERSONAL USE. THIS SPACE CAN BE COMBINED WITH ADDITIONAL ADJACENT SPACES (SECTION 2 & SECTION 4) TO INCREASE SQUARE FOOTAGE IF NEED BE. PLEASE REFERENCE ADDITIONAL SECTIONS ON SEPARATE LISTINGS.

Commercial

  • Price
  • $ 1,121,000
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 5,605
  • Full Bathrooms
  • 0
  • Year Built
  • 1943
  • Half Bathrooms
  • 0
  • City, Zip
  • Detroit
  • County
  • WAYNE
  • Style
  • Commercial/Industrial
  • Area
  • Detroit
  • MLS#
  • 40138758
  • Zip
  • 48207
Listing Provided by: Lambrecht Realty LLC - 3134498558
Data Source: MiRealSource (MIRS) - 138 - MI

Features

General

Class COM/IND/BUS OPP
Cooling Central A/C
Directions I-375S take Jefferson East. Right on McDougal and Lofts located at corner of McDougal and Franklin.
Financial Terms Cash, Conventional
Heating Forced Air
Listing Area Detroit (82001)
Municipality Detroit
Originating Mls RealComp
Ownership Private
Roof Rubber
Source Mls MI Real Source
Status Active
Status Active
Subdivision METES & BOUNDS DESCRIPTIO N-SUB N/A
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Water Heater Gas
Year Built 1943
Zoning Commercial

Interior Features

Fuel Type Natural Gas

Exterior Features

Exterior Brick
Foundation Type Slab
Frontage 1
Lot Dimensions IRREGULAR
Sewer Septic Public At Street
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Shelby Township, MI office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/19/2021 Listed $1,121,000

Property vs Zip Code Average in 48207

Price
AVG $1.08M
$1.12M
Visits
AVG 58
34
Year Built
AVG 1936
1943
Walkscore
AVG 70
83
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

2987 Franklin St Section 3 Detroit, MI is a Single Family Home for sale at $1121000 with 5605 sqft and a lot size of Acre(s). 2987 Franklin St Section 3 Detroit has 0 bedrooms, 0 baths and was built in 1943. The property's zip code is 48207 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.