3240 Woodbridge St Detroit, MI 48207

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.