Detroit Hardware, open along Woodward Avenue in New Center since the early 1930s, has sold its building and plans to close in June.

Co-owner Emily Webster, 70, said she and her two partners are “retirement age” and received an offer on the building that was “more than we had ever dreamed of getting” — $1,050,000.

The sale closed last week. Webster declined to disclose the buyer’s name.

Full Story