The lovely Olde Building finally sold, reports Crain's. Other than a vague connection with a Southfield jewelry store, there isn't much info on the buyer or what their motives might be. We do know that that they paid just under $1M for a building once asking as much as $1.5M. Vacant since 1997, the Olde Building was built in the 1920s before seeing a series of uses, including a role in the 1994 film Renaissance Man. The building needs a ton of work, though some interior treasures (original bank vaults, marble staircase, ornate ceiling) remain relatively intact.
· Albert Kahn-designed Olde Building sold to Southfield entity [Crain's]
· Olde Building has a Potential Buyer! Interior Details Emerge [Curbed Detroit]