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Renovated Flex Industrial Property
New
For Sale
$385,000

6450 E Hancock St, Detroit, MI 48207

M4-zoned facility with offices, customer reception, updated restrooms, and adaptable garage-workshop space.

Property SizeContact for details
Days on Market4

Property Features for 6450 E Hancock St

General Information

Standard status Active
Property subtype Commercial
Zoning M4

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $5,000

Building Details

Year Built 1943
Year Renovated 2024
Units 1
Listing Agency: Network Realty LLC
Listed By: Ali Alghurabi
Source: Elliman
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 10 at 7:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Network Realty LLC

Investment Insights

Based on property information with market context.

This flex property at 6450 E Hancock St combines renovated administrative space with a functional industrial work area. Completed improvements include three private offices, a customer-facing lobby, two updated restrooms, a garage-workshop area, new HVAC, upgraded lighting, a partially replaced roof, and reinforced security gates. The building dates to 1943, with renovation work completed in 2024.

The property is zoned M4 and sits 1.5 miles from Downtown Detroit. Exterior asphalt milling provides capacity for over 50 vehicles, supporting fleet parking, customer access, or equipment storage. Additional mobility context includes a bike score of 65, a walk score of 58, and a transit score of 52.

Key Highlights

  • M4 zoning supports the property's industrial flex profile
  • Renovation work completed in 2024 on a 1943 building
  • Three private offices, customer lobby, and two updated restrooms

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Restaurant Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48207, MI

21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value

Market

Vacancy Rate% for Office in Detroit, MI

11.9% 2019
13.9% 2020
15.2% 2021
17.9% 2022
20.3% 2023
22% 2024
19.5% 2025
Rey
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Similar Off Market Nearby

  • The Twisted Mitten Food Truck 7636 Gratiot Ave, Detroit, MI 48213
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Frequently Asked Questions

What type of property is this?
Flex space - M4-zoned facility with offices, customer reception, updated restrooms, and adaptable garage-workshop space.
Where is this flex space located?
The property is located at 6450 E Hancock St Detroit, MI.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: M4 zoning supports the property's industrial flex profile; Renovation work completed in 2024 on a 1943 building; Three private offices, customer lobby, and two updated restrooms
More about this property
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