2987 Franklin Street, Detroit, MI 48207

• 20,000 sqft

Property 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.

Listing Status:

Active

Date Added:

October 30, 2025 at 05:00AM

Listing Office:

Good Company : 248-733-5811

Listing Agent:

Jay Taylor : 313-410-1149

MLS ID:

60949386

Construction

• General: BrickSlab

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• County: Wayne

Lot

• Zoning: N FRANKLIN UNIT NO 2 WAYNE COUNTY CONDO PLAN NO 1095 "FRANKLIN 2987 LOFTS CONDOMINIUM" RECORDED L54500 P897 DEEDS W C R 11/14 16.43% SPLIT/COMBINED ON 10/05/2017 FROM 11000072-411000075.; SPLIT/COMBINED ON 11/06/2018 FROM 11000072-5;
• Fencing: Fenced

Utilities

• Water: Public Water at Street
• Sewer: Public At Street

Financial

• Source: MiRealSource

This listing courtesy of Jay Taylor, Good Company