Creative Workspace with Exposed
New
For Sale
$3,950,000
1938 Franklin Street, Detroit, MI 48207
Updated building systems include new roof assemblies, energy-efficient windows, HVAC units and renovated bathrooms.
Property SizeContact for details
Days on Market2
Property Features for 1938 Franklin Street
General Information
Standard status
Active
Amenities
conference room
kitchenette
bike storage
high-speed wifi
private shower room
Building Details
Construction
exposed brick and beams
Tenancy
Multi
Listing Agency:
O'Connor Realty Detroit, LLC
(313) 963-9891
Listed By:
Vincent Mazzola · License #6501387170
(313) 704-2678
Source:
Brendaharrisgroup
Added: Sep 26
Last Checked: Sep 26 at 2:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of O'Connor Realty Detroit, LLC
Investment Insights
Based on property information with market context.
Creative workspaces feature tall ceilings, abundant natural light, and exposed brick and beams. Building improvements include new roof systems, energy-efficient windows, HVAC units, and renovated bathrooms. Shared amenities include a conference room, kitchenette, bike storage, high-speed Wi-Fi, and a private shower room.
The property is in Detroit’s East Riverfront, directly beside the Riverwalk and Dequindre Cut. These routes provide pedestrian, bicycle, and scooter connections to downtown, Eastern Market, and Lafayette Park.
The property is in Detroit’s East Riverfront, directly beside the Riverwalk and Dequindre Cut. These routes provide pedestrian, bicycle, and scooter connections to downtown, Eastern Market, and Lafayette Park.
Key Highlights
- Creative workspace with high ceilings, natural light, exposed brick and beams
- Building upgrades include new roof systems, energy‑efficient windows, HVAC units and renovated bathrooms
- Shared conference room, kitchenette, bike storage, high‑speed Wi‑Fi and private shower room
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
942
Businesses Nearby
Explore this area
Business Placement
Demographics for 48207, MI
21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value
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Market
Vacancy Rate% for Office in Detroit, MI
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Frequently Asked Questions
What type of property is this?
Creative space - Updated building systems include new roof assemblies, energy-efficient windows, HVAC units and renovated bathrooms.
Where is this creative space located?
The property is located at 1938 Franklin Street Detroit, MI.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Creative workspace with high ceilings, natural light, exposed brick and beams; Building upgrades include new roof systems, energy‑efficient windows, HVAC units and renovated bathrooms; Shared conference room, kitchenette, bike storage, high‑speed Wi‑Fi and private shower room
