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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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2987 Franklin St , Detroit, MI 48207
$950,000
Est. Payment: $2,111.11/mo
0 Bed
0 Bath
5605 Sqft
Status: Active | Days on site: 134
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425403 - 394740
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Welcome to this excellent commercial space in Rivertown, located right next to the nationally renowned Detroit Riverwalk and mere minutes from downtown Detroit, and the Eastern Market. Open to multiple uses, such as office, retail, creative, or light industrial, this space can be combined with additional adjacent spaces (see photo 21: Sections 1, 2 + 4 can be purchased solo for $1.25M or in combination with this unit (Section 3) for a discounted $1.99M and a whopping 12,000 sqft). Currently filled with a month to month lease. Purchase includes 2 parking spaces in the attached gated parking lot.
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Highlights

Listed by Jay Taylor , 313-410-1149 Good Company , 248-733-5811.

Property Type

Commercial Sale
Lot/Acreage
0.07

Year Built

1943

County

Wayne

 School District

Detroit

Listing ID

20251050047

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features
Principal Interest
$2,111
Taxes
$725

Home Price

$950,000

Loan Details

30 yrs
%

Down Payment

20%
$190,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,111.11 $725.10 $0.00 $2,836.21
Yearly $25,333.33 $8,701.18 $0.00 $34,034.51
Total $760,000.00 $261,035.40 $0.00 $1,021,035.40

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.