275 Iron St - Light Manufacturing FOR SALE


Detroit, MI 48207- Rivertown
$1,325,000 USD
313-451-0202
275 Iron St, Detroit, MI for Sale
$1,325,000 USD
Light Manufacturing - FOR SALE
1/5
null | Request Cap Rate

275 Iron St
Detroit, MI 48207
Rivertown


HIGHLIGHTS

  • Surrounded by significant redevelopment and investment activity in the immediate area.
  • Situated in an Opportunity Zone, offering potential tax benefits for qualified investors.
  • Secured and gated parking with easy access to major freeways and downtown Detroit.
  • Flexible-use structures suitable for office, creative, or adaptive reuse projects.
  • Located near the Detroit Riverfront within a high-growth redevelopment corridor.
  • Assemblage of three connected commercial buildings totaling 18,805 square feet.

OVERVIEW

This offering presents a rare opportunity to acquire a multi-building commercial assemblage in Detroit’s rapidly evolving Riverfront/Warehouse District. The portfolio includes three interconnected properties—260 Mount Elliott, 266 Mount Elliott, and 275 Iron—totaling approximately 18,805 square feet on a 0.65-acre site. The buildings feature flexible layouts suitable for office, creative, or light industrial uses, making them highly adaptable for a range of business models or redevelopment strategies. Positioned just steps from the Detroit Riverfront, the property benefits from proximity to major revitalization projects, residential growth, and a thriving mixed-use environment. The site offers secured and gated parking, strong street visibility, and convenient access to I-94 and other key transportation routes, ensuring connectivity to downtown Detroit and the broader metro area. Located within an Opportunity Zone, this asset provides potential tax advantages for investors seeking long-term value creation. Surrounded by ongoing development and investment activity, the property is well-suited for owner-users, developers, or investors looking to capitalize on Detroit’s continued resurgence.

FOR SALE DETAILS

PRICE

$1,325,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

Day Care Center, Freestanding, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65

LAND SF

28,314

ZONING

SD4

APN/PARCEL ID

15-013869-001

ASK ABOUT THIS PROPERTY

Tarick SalmaciARG AMERICAN REALTY GROUPMore Info
313-451-0202

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Tarick SalmaciARG AMERICAN REALTY GROUPMore Info
313-451-0202

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.