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    1400 Woodbridge St Detroit, MI 48207

    Sponsored
    For Lease
    $15 SF/Yr

    Prime Detroit office space, flexible layouts.

    Lot size:
    78,460 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional executive office space, located at 1400 Woodbridge St in Detroit, MI 48207, offers a unique opportunity within the vibrant East Riverfront District. The property, known as Riverfront Place, is a five-story Class B building totaling 78,460 square feet, situated on a 2.52-acre lot. Built in 1920 and extensively renovated in 1984, the building boasts modern amenities including a wet fire sprinkler system, an emergency backup generator, and 24-hour keycard access for enhanced security. Currently, there is 33,421 square feet of contiguous vacant space available, divisible into units as small as 7,566 square feet, providing flexibility for businesses of various sizes. The building features ample parking with 211 spaces available for tenants and visitors. Its zoning designation, SD4/RIVERFRONT MIXED-USE, allows for a variety of uses, making it an ideal location for a range of businesses. The property's Wayne County location and proximity to the Detroit E of Woodward submarket offer excellent access to transportation and a thriving business community. The APN is 05000034-41. This is a rare chance to secure prestigious office space in a revitalized area of Detroit. Contact us today to learn more about leasing options and explore the possibilities this exceptional property offers.

    Property Features for 1400 Woodbridge St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    78,460 SF
    Class
    B
    Total Rate
    98075

    Building Details

    Year Built/Renovated
    1920/1984
    Buildings
    1
    Stories
    5

    Unit(s) available at that property

    Space
    Available Space
    Size
    33,421 SF
    Rate per SF
    $20

    HighLights

    • Submarket: Detroit's East Woodward submarket
    • Location: Situated between Rivard Street and Woodbridge Street
    • Building Size: 40,987 square feet gross building area
    Property Profile Location Intelligence

    Current Use by Public Records

    MGA Crisis Intervention Addiction Treatment Center Entrepreneurs Hub Coworking Space spread attract rubber ... Auto Parts Store LifeLine Business Consulting ... Business Management Consultant Matrix Human Services Social Services Organization

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0320678
    Latitude
    42.3327331

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Detroit office space, flexible layouts.
    Where is this office property / space located?
    The property is located at 1400 Woodbridge St Detroit, MI.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Submarket: Detroit's East Woodward submarket; Location: Situated between Rivard Street and Woodbridge Street; Building Size: 40,987 square feet gross building area
    Request Owner's contact information
    1400 Woodbridge 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
    1400 Woodbridge St Detroit, MI 48207
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