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Stylish loft in former Parke Davis Pharmaceutical building seeks $399K

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High ceilings, exposed bricks, and timber beams

Images courtesy Timothy Quinn Alexander Real Estate Detroit, LLC

The waterfront building at 200 River Place was designed by noted architect Albert Kahn in 1906 for the Parke Davis Pharmaceutical company before turning into one of Detroit’s most desirable loft condominium properties in 2002. This one-bedroom, two-bathroom unit is particularly eye-catching thanks to a number of designer features and attractive staging.

The 1,392-square-foot space is roomy for a one-bedroom and features everything you’re looking for in a loft: 13-foot-ceilings, timber beams, exposed brick walls, oversized windows, and a smattering of original building artifacts including an old sliding metal door in the living room. The unit includes a gas-burning fireplace, trendy globe lightings, and a dedicated home office with plenty of built-in storage.

The property’s $399,000 asking price might seem a little high for a one-bedroom, but it is more or less in line with the rest of the building. Units here routinely list in the $400,000 to $600,000 range, and a 3,000-square-foot two-bedroom sold last year for $680,000. Secure parking is available on the building’s first floor, and HOA fees run an extra $444 per month.