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Elevator Building 1938 Franklin St 28,078 SF 90% Leased Office Building Detroit, MI 48207 $5,513,884 CAD ($196.38 CAD/SF) 9% Cap Rate
INVESTMENT HIGHLIGHTS
- Newly renovated with modern amenities, including high ceilings, exposed brick, and ample natural light
- Features new roof systems, energy-efficient windows, and new HVAC units
- Situated in the East Riverfront district, with easy access to downtown, Eastern Market, and Lafayette Park
EXECUTIVE SUMMARY
Property tours will start Wednesday October 30th from Noon - 2:00 PM
PROPERTY FACTS
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
The Elevator Building offers unique loft office spaces in the heart of Rivertown. The building hosts a community of creative professionals working in media, architecture and design, wellness, community services, and other fields. The spaces feature ample light, high ceilings, and exposed brick and beams. Hop on a Mo-Go or a scooter for a short ride to downtown along the Riverwalk, or ride up to Lafayette Park and Eastern Market on the Dequindre Cut.
- 2nd Fl-Ste 209
- 789 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 112 | 1,998 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 209 | 789 SF | Office | - | Now |
1st Fl-Ste 112
| Size |
| 1,998 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 209
| Size |
| 789 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 112
| Size | 1,998 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
The Elevator Building offers unique loft office spaces in the heart of Rivertown. The building hosts a community of creative professionals working in media, architecture and design, wellness, community services, and other fields. The spaces feature ample light, high ceilings, and exposed brick and beams. Hop on a Mo-Go or a scooter for a short ride to downtown along the Riverwalk, or ride up to Lafayette Park and Eastern Market on the Dequindre Cut.
PROPERTY TAXES
| Parcel Number | 09-0000312 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,588,354 CAD |
PROPERTY TAXES
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Elevator Building | 1938 Franklin St
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