51 West Hancock Street

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51 West Hancock Street, Detroit, MI 48201

  • Office

51 West Hancock Street, Detroit, MI 48201 - Office Space

51 West Hancock Street is located at 51 West Hancock Street in the Lower Woodward neighborhood, MI, Detroit, 48201. The Class B Office building was completed in 1973 and features a total of 30,000 Sqft.

There are 5 office spaces for lease in the Lower Woodward neighborhood, totaling 85,828 Sqft of available office space. The office space availability for the 48201 zip code is 101,032 Sqft, in 10 office spaces. The average asking office rent per sq. ft. in Lower Woodward is $18.5/sqft/year. For Class A office buildings the average office rate is $20/sqft/year, for Class B office buildings the average office rate is $17/sqft/year.

In Lower Woodward, there are 8 class B office buildings. In 1973, the same year 51 West Hancock Street was built, 5 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Detroit, featuring 1,138,204 square feet of commercial space. At zip code level, there are 19 commercial properties, of which 18 are office buildings over 50,000 square feet.

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Details

  • Price Contact for pricing
  • City Detroit
  • Neighborhood Lower Woodward
  • Zip Code 48201
  • Property Type Office
  • Property Size 30,000 Sqft
  • Lot Size 0.42 Acre
  • Building Class B
  • Year Built 1973
  • Date Updated 14 Sep, 2020

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 51 West Hancock Street?

51 West Hancock Street totals 30,000 square feet.

When was this property built?

51 West Hancock Street was built in 1973.

Lower Woodward Demographics

The average household income in zip code 48201 is $31,240, from a total of 8,338 households. In terms of employment, there are 87.79 % white-collar and 12.21 % blue-collar jobs in zip code 48201.

Population

  • Total Population15,048
  • Male Population(46.5 %) 7,003
  • Female Population(53.5 %) 8,045
  • Median Age33.00

Income/Financial

  • Average Household Income$34,211
  • Median Household Income$20,666
  • Median Income Under 25$15,920
  • Median Income 25-44$29,504
  • Median Income 45-64$16,012
  • Median Income Over 65$20,864

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