The historic Fairmount Foundry at 600 E Milwaukee offers a rare redevelopment opportunity in the heart of Detroit’s Milwaukee Junction. Situated on 0.62 acres, the property features 32,604 square feet of existing structures with strong industrial character and flexible M4 zoning. Surrounded by major redevelopment, creative studios, and residential growth, the site is ideally located near New Center and Midtown with quick access to I-75 and I-94. Preliminary plans for loft conversions are already in place, making this a prime opportunity for investors or developers to transform a piece of Detroit’s industrial past into modern live/work spaces and anchor the continued revitalization of the neighborhood.
General Information
Sale Price: $1,800,000
Price/SqFt: $55
Status: Active
MLS#: rcomi20251062316
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 0.62
Lot Dimensions: 210.00X129.00
Size: 32,604 sq.ft.
Acreage: 0.62 est.
Year Built: 1925
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $4,549 Est. Winter Taxes: $6,393
