3240 Woodbridge StDetroit, MI 48207

For Sale
$2,800,000

Industrial/Office Space, 41,768 SF

Overview

Added:
Jan 24
Days on market:
49
This exceptional Detroit property, known as "The Foundry," presents a unique investment opportunity for owner-users. Located at 3240 Woodbridge St, Detroit, MI 48207, this 41,768 square foot industrial/office space boasts two buildings, each two stories high, situated on a 0.62-acre lot in the desirable Rivertown neighborhood, near Harbortown and Stroh RiverPlace. Built in 1890 and extensively renovated in 2004, the property features a B-class rating and is zoned SD4. The building offers 16-foot ceilings, one loading dock, and two dock-high doors, ideal for various uses. The property's prime riverfront location offers stunning water views and presents significant potential for future development, including multi-family residential or a company headquarters. The current lease type is NNN. The asking price is $2,800,000. The owner is open to build-outs for tenants interested in leasing at $6/SF NNN. This versatile space is suitable for office development, research and development, vehicle storage, or a combination thereof. Don't miss this chance to acquire a substantial property in a rapidly developing area of Detroit.

Highlights

  • $2,800,000 asking price.
  • 41,768 square foot industrial/office building, R&D subtype.
  • Owner/user investment opportunity, Class B.
  • NNN lease type.
  • Two buildings, two stories, built in 1890, renovated in 2004.
  • 0.62-acre lot in Detroit, MI, zoned SD4.

Property Details for 3240 Woodbridge St

Property type
Life science properties, Other office properties
Square Feet
41,768 SF
Class
B
Year Built/Renovated
1890/2004
Buildings
2
Stories
2
Lot Size (sq. ft)
27,007 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.340562419055
Longitude
-83.015128445276
3240 Woodbridge St, Detroit, Michigan

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3240 Woodbridge St
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