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    275 Iron St Detroit, MI 48207

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    For Sale
    $1,175,000

    Three renovated office buildings with flexible layouts and fenced parking.

    Property size:
    17,794 SF
    Lot size:
    0.75 Acres

    Property Features for 275 Iron St

    General Information

    Size
    17,794 SF
    Lot size
    0.75 Acres

    Source: Signature Associates Agent Richard Pifer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Detroit Office Buildings For Sale

    This sale includes three buildings, offering a combined area of 17,794 square feet. The properties feature mezzanine levels throughout and have been fully renovated. The site includes paved and fenced parking. The buildings offer flexible layouts. The individual buildings comprise the following: 275 Iron Street, with 11,420 square feet; 260 Mt. Elliott Street, with 5,217 square feet; and 266 Mt. Elliott Street, with 1,157 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pangborn Design Ltd Graphic Designer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0089753
    Latitude
    42.3431814

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    FAQs

    What type of property is this?
    Office building - Three renovated office buildings with flexible layouts and fenced parking.
    Where is this office building located?
    The property is located at 275 Iron St Detroit, MI.
    What is the asking price?
    The asking price for this property is $1,175,000.
    What are key features of this property?
    This property features: - Three buildings included, offering diverse usage possibilities; - Total of 17,794 sq.ft. across all buildings; - **Fully renovated condition**
    (248) 302-8593
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    275 Iron St Detroit, MI 48207
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    275 Iron St Detroit, MI 48207
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