3240 Woodbridge St Detroit, MI 48207
- Manufacturing properties
- 41,768 SF
- 0.75 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 3240 Woodbridge St
- Year built
- 1965
- Lot size
- 0.75 lot acres
- Property size
- 41,768 SF
- Zone code
- SD4
- Property type
- Manufacturing properties
- APN
- 13000105.
- APU
- 13000105
Description
This exceptional 40,000-square-foot industrial/warehouse property presents a compelling investment opportunity in Detroit's vibrant Rivertown neighborhood. Located just south of East Jefferson Avenue and within a mile of Downtown, this move-in ready building boasts a highly desirable location with convenient access to key city amenities. The property's strategic position offers easy access to the Detroit Riverwalk, Dequindre Cut, and Joseph Campau Greenways, providing excellent pedestrian and cyclist connectivity to Eastern Market and Lafayette Park. The substantial 1.37-acre lot includes 0.62 acres (27,000 square feet) of SD4-zoned land, providing ample space for on-site parking, significantly enhancing the property's versatility and appeal to a wide range of potential users. The building itself is in sound structural condition and features a flexible layout, making it ideal for adaptive reuse or redevelopment in accordance with existing zoning regulations. This presents a unique chance to acquire a well-situated industrial property with significant potential for future growth and return on investment. The asking price is $2,000,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0149
- Latitude
- 42.3404
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
