Research Loft Amenities

Research Lofts breaks the mold for loft living in Detroit. Research Lofts offers modern styled units in a Nationally listed historic industrial style building.

Research Loft offers dramatic open spaces, high ceilings, volumes of natural daylight, exposed brick, martini glass style columns, exposed wood beams and timbers, all provided in the historical charmed setting of Old Detroit. Research Lofts provides all the modern amenities and conveniences an owner wants and expects with the REAL LOFT historical building characteristics that truly define a LOFT.

About Research Lofts
Research Lofts is uniquely located in the Research Park West neighborhood nestled conveniently one block north of Wayne State University’s athletic complex, adjacent to Woodbridge Historical District, within blocks of New Center Area and Henry Ford Hospital.

Research Lofts is at the heart of Detroit’s cultural community. It is within walking distance to Wayne State University, and minutes from downtown and other adjacent communities.

Research Lofts offers a unique opportunity for a first time buyer to have their own REAL LOFT unit at a price that is affordable. To purchase a loft at Research Lofts, an owner would have to earn approximately $35,000/year* to qualify for many of the units. (* Subject to financing approval)

Project Highlights
Research Lofts offers 38 units, with 18 of the units with optional Penthouse and Roof Deck upgrades.
Large, open loft areas, 29 unique layouts with unit sizes ranging from 700 to over 1,100 square feet.
On-site secure parking
Open living style with ceiling heights from 12’ to 14’ high
Large, oversized industrial windows
Most units have windows on two sides providing tons of delighting
One Bedroom Unit’s average: $125,900
Two Bedroom Units average: $158,900
Only four blocks from grocery store, video store
Only minutes to Wayne State University, New Center, and Henry Ford Hospital
Accessible to freeways - Less than 10 minute drive to Downtown Detroit
Reduced property taxes for 12 years
Great urban view, see downtown and the Fisher Building

Each Loft Unit Includes

On the Outside
Gated and secure parking with remote control access
Exterior lighting
Landscaping and irrigation
Large 1 acre open green space park area
Card control security system

On the Inside
12’ to 14’ high ceilings of exposed concrete or exposed heavy timber
Wall to wall carpeting with carpet pad
Air conditioning
High efficiency gas furnace
Double walls and sound insulation between units
Hot water heater
Smoke detectors
Fire sprinkler system
Fire alarm system
Exhaust fans
Cable ready and multiple cable jacks
Multiple telephone jacks
Exposed brick walls
Many units have heavy wood timber ceilings
Washer/dryer hookups
Exposed spiral ductwork
In-loft unit washer/dryer hook-up

In the Kitchen
Wilsonart Countertops
Armstrong Vinyl Flooring
General Electric Oven/Range, Dishwasher and Refrigerator
Kohler Faucets
Cabinets by Armstrong

In the Bathroom
Kohler Faucets and Fixtures
Wilsonart Countertops
Armstrong Vinyl Flooring
Aristocraft Cabinetry

Optional Upgrade Features Include

For the Unit
Wood Flooring
Stained concrete floors
Berber carpet
Ceramic tile flooring in the bathroom
Humidifier
Air Cleaner
Security Alarm System with motion detectors and window contacts
Skylights at select units
Washer/dryer
Lighting upgrades

Options for the Kitchen
Ceramic tile flooring
Slate flooring
General Electric Stainless steel or black appliances
Kraftmaid Cabinetry with optional cabinet faces
Water line for Ice Maker
MicroHood by General Electric
Concrete countertops
Granite countertops

Options for the Bathroom
Extended Bathroom Mirrors
Glass tub/shower enclosure
Walk-in ceramic tile shower
Elongated Commode
Upgrade towel bars and toilet accessories
Additional ceramic tile on the walls
Jet tub and/or shower

For the Real Estate Loft Investor

Research Lofts offers unique opportunities for investors who are looking to build equity and create rental income.

Research Lofts has been approved for to reduced property taxes for the next 12 years

If the loft investor chooses to invest instead of living in their unit, the loft investor may rent their loft unit out to produce rental income which would allow the owner investor to receive Historic Tax Credits from the Federal government and State of Michigan. The investor can either use these credits themselves or Research Lofts can arrange for their purchase in advance.

Example: The loft investor purchases loft unit No. 1 for $142,000. They will typically be required to put 10% down as an investment property, or $14,200. As long as the unit is held for income producing purposes, i.e. for rent, the loft investor will qualify for a tax credit. This tax credit could be as high as $25,000 to be used over the next 5 years, and can be carried into years beyond. So if a loft investor buys a unit they will IMMEDIATELY create $25,000 in equity for the credit. If this interests you, please contact us.

Additionally, comparable lofts in the area have seen rapid appreciation in their resale value. Lofts initially purchased for $140/sf have sold for over $200/sf in less than 4 years. This is over a 10% increase in the value and equity in the property for each of the years.

Step into a Real Loft.