You need deep pockets to buy some residences in downtown, Midtown or Corktown, such as a loft at 6th and Bagley that's lists for just under $1.4 million.
It's described this way:
Truly authentic loft living in the former Westinghouse appliance warehouse, this 6000 square-foot residence is the epitome of luxury loft living. Completely renovated in 2017 this 3 bedroom 3 bathroom loft features a gourmet kitchen with Wolf and Miele appliances, original hardwood floors with inlaid tile mosaics, 360 degree views of the city, and indoor parking for 3 cars. . . .
6th St Lofts were built in 1920 and was one of Detroit's first condominium conversion buildings for exclusive luxury loft living. Corktown- home to the original Tiger Stadium is one of Detroit's most vibrant neighborhoods. This is your opportunity to own a piece of Detroit's rich history
The current price is $200,000 lower than last summer, writes Robin Runyan of Curbed Detroit.