Mixed-Use Commercial
6944 W Fort Street Detroit, MI 48209
6944 W Fort Street, Detroit, MI, 48209
Contact for pricing
For Sale
Contact for pricing
Commercial building with front office/retail potential, flex warehouse space, and an adjoining fenced parking lot.
Property Size3,380 SF
Price / SF$147.93
Days on Market202
Property Features for 6944 W Fort Street
General Information
- Standard status
- Active
- Size
- 3,380 SF
- Property subtype
- Industrial, Mixed Use, Office, Retail
Building Details
- Year Built
- 1914
Listing agency
TAP CRE LLC
(313) 306-7653
Listed by
Alan Davidov · License #6505433487
Source
Crexi
Added: Jan 1 Updated: Jul 22 at 1:33AM Checked: Jul 22 at 6:00AM
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 TAP CRE LLC
Investment Insights
Based on property information with market context.
This for-sale commercial property offers a flexible layout with front office and/or retail potential alongside flex warehouse space in the rear. The building also includes two bathrooms, and recent upgrades include a new roof, new windows, HVAC, updated electrical systems, and additional improvements intended to support move-in readiness.
The property includes an adjoining fenced parking lot and is described as part of the Gordie Howe Bridge development zone. It also includes 6946 W Fort St and 700 Beard St, providing additional flexibility for related needs.
Zoned B4 – General Commercial, the property is presented as suitable for a range of retail, office, flex warehouse, and other business uses. The offering is noted as an NNN lease structure.
The property includes an adjoining fenced parking lot and is described as part of the Gordie Howe Bridge development zone. It also includes 6946 W Fort St and 700 Beard St, providing additional flexibility for related needs.
Zoned B4 – General Commercial, the property is presented as suitable for a range of retail, office, flex warehouse, and other business uses. The offering is noted as an NNN lease structure.
Key Highlights
- 3,380 SF commercial building with front office/retail potential plus flex warehouse space at the rear
- Adjoining 30x100 fenced parking lot for on‑site parking
- Recent upgrades include a new roof, windows, HVAC, electrical systems, and two bathrooms
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.9k | $18.60 |
| − Vacancy | −$3.4k | −$1.00 |
| EGI | $59.5k | $17.60 |
| − OpEx | −$17.8k | −$5.28 |
| NOI | $41.6k | $12.32 |
3,380 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$594.7K
$520.4K – $693.9K
NOI $41,631 @ 7.0% cap · market cap 8.33%
Second Best
Office B
$489.2K
$428.0K – $570.7K
NOI $34,243 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$745.6K
$652.4K – $869.9K
NOI $52,195 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Southwestern High School
High School
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Commercial building with front office/retail potential, flex warehouse space, and an adjoining fenced parking lot.
Where is this flex space located?
The property is located at 6944 W Fort Street Detroit, MI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3,380 SF commercial building with front office/retail potential plus flex warehouse space at the rear; Adjoining 30x100 fenced parking lot for on‑site parking; Recent upgrades include a new roof, windows, HVAC, electrical systems, and two bathrooms
