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Renovated Flex Industrial Space
For Sale
$385,000

6450 E Hancock Street, Detroit, MI 48207

M4-zoned property with private offices, updated restrooms, and a substantial garage/workshop area.

Property Size9,999,999 SF
Price / SF$0.04
Days on Market41

Property Features for 6450 E Hancock Street

General Information

Standard status Active
Size 9,999,999 SF
Property subtype Industrial
Zoning M4

Amenities

3
150175

Building Details

Year Built 1943
Year Renovated 2024
Listing Agency: Network Realty LLC
Listed By: Ali Alghurabi
Source: Xome
Added: Aug 1 Changed: Sep 9 Last Checked: Sep 9 at 3:41PM

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 space combines three private offices, a contemporary customer lobby, and two updated restrooms with a spacious garage and workshop area. Renovations completed in 2024 include a new HVAC system, upgraded lighting fixtures, reinforced security gates, quality interior finishes, and a partially new roof. The property was originally built in 1943.

Exterior asphalt milling provides capacity for over 50 vehicles, supporting fleet parking, customer circulation, or equipment storage. The M4 zoning and industrial configuration provide a practical setting for commercial or industrial operations. Located at 6450 E Hancock Street in Detroit, the property is approximately 1.5 miles from Downtown Detroit.

Key Highlights

  • M4‑zoned flex space at 6450 E Hancock Street in Detroit
  • Renovations completed in 2024, including HVAC, lighting, security gates, and a partially new roof
  • Three private offices, customer‑facing lobby, and two updated restrooms

Property Analytics

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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

418
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Detroit, MI

3% 2019
4.2% 2020
2.5% 2021
2.4% 2022
3% 2023
3.4% 2024
3.7% 2025
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - M4-zoned property with private offices, updated restrooms, and a substantial garage/workshop area.
Where is this flex space located?
The property is located at 6450 E Hancock Street 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‑zoned flex space at 6450 E Hancock Street in Detroit; Renovations completed in 2024, including HVAC, lighting, security gates, and a partially new roof; Three private offices, customer‑facing lobby, and two updated restrooms
More about this property
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