New Center Commercial Building For
For Lease
$4,900/Mo
850 W BALTIMORE St, Detroit, MI 48202
Commercial building in New Center, suitable for office or warehouse.
Space SizeContact for details
Property Size5,097 SF
Lot Size0.15 Acres
Days on Market164
Property Features for 850 W BALTIMORE St
General Information
Standard status
Active
Size
5,097 SF
Lot size
0.15 Acres
Property subtype
Commercial
Building Details
Building Size
5,097 SF
Year Built
1952
Listing Agency:
O'Connor Realty Detroit, LLC
(313) 378-4270
Listed By:
Randall S Fogelman · License #6501278483
(313) 378-4270
Source:
Elliman
Added: Mar 11
Changed: Aug 17
Last Checked: Aug 20 at 12:01PM
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 O'Connor Realty Detroit, LLC
Investment Insights
Based on property information with market context.
This commercial building is located in New Center, approximately 2.5 blocks from the Q-Line. The property includes 715 square feet of office space and over 4500 square feet of warehouse or raw workspace. Parking is available. The building is suitable as a production space and could also be configured as a creative office space. The building is in good condition. Rent and upgrades are negotiable with the landlord.
Key Highlights
- Large warehouse/workspace offering over 4500 sq. ft.
- Located in the vibrant New Center area.
- Features 715 sq. ft. of office space.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.96 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,174
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48202, MI
17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
Median Home Value
Market
Lease Benchmarks for Detroit, MI
$14.02 /SF/Yr
Avg Asking Price
$5.5–$27.92 /SF/Yr
Price Range
11,207 SF
Avg Space Size
This space is priced 7% below the average of $14.02 /SF/Yr.
Vacancy Rate% for Industrial in Detroit, MI
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Similar Off Market Nearby
- WSU Catering — 495 W Ferry Ave, Detroit, MI 48202
- Jeff's Over The Top Catering — 3200 Grand Blvd, Detroit, MI 48202
- All things M llc.(Maddies snack bar) — 5950 John R St, Detroit, MI 48202, United States
Frequently Asked Questions
What type of property is this?
Flex space - Commercial building in New Center, suitable for office or warehouse.
Where is this flex space located?
The property is located at 850 W BALTIMORE St Detroit, MI.
What is the lease rate?
The lease rate is $4,900/Mo.
What are key features of this property?
This property features: Large warehouse/workspace offering over 4500 sq. ft.; Located in the vibrant New Center area.; Features 715 sq. ft. of office space.
