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Renovated Flex Space with Workshop
New
For Sale
$385,000

6450 E Hancock St, Detroit, MI 48207

M4-zoned commercial space with offices, customer lobby, updated restrooms, and vehicle capacity for operational flexibility.

Property Size9,999,999 SF
Price / SF$0.04
Days on Market2

Property Features for 6450 E Hancock St

General Information

Standard status Active
Size 9,999,999 SF

Building Details

Year Built 1943
Listing Agency: Network Realty LLC
Listed By: Ali Alghurabi
Source: Katie-k
Added: Sep 14 Last Checked: Sep 14 at 2:37PM

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 property combines administrative and industrial functionality in a renovated 1943 building. Completed in 2024, the improvements include three private offices, a customer-facing lobby, two updated restrooms, and a substantial garage/workshop area. Building upgrades include a new HVAC system, updated lighting, a partially new roof, reinforced security gates, and refreshed interior finishes.

The property is located approximately 1.5 miles from Downtown Detroit and carries M4 zoning. Exterior improvements include asphalt milling with capacity for over 50 vehicles, supporting fleet parking, customer access, or equipment storage. The configuration provides a practical mix of office, service, and workshop areas for an owner-user or commercial operator.

Key Highlights

  • M4‑zoned flex‑space property approximately 1.5 miles from Downtown Detroit
  • Renovation completed in 2024
  • 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
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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
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Similar Off Market Nearby

  • Zo On The Go! Catering 3606 E Forest Ave, Detroit, MI 48207
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Frequently Asked Questions

What type of property is this?
Flex space - M4-zoned commercial space with offices, customer lobby, updated restrooms, and vehicle capacity for operational flexibility.
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‑zoned flex‑space property approximately 1.5 miles from Downtown Detroit; Renovation completed in 2024; Three private offices, customer‑facing lobby, and two updated restrooms
More about this property
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