Active

671 PETERBORO Street

Detroit MI, 48201

$1,300,000


$518.34 per sqft

Active

2,508 sqft

Commercial

Built in 1920

This one-of-a-kind property offers a unique blend of commercial, residential, and development potential in the heart of Detroit. Centrally located between Motor City Casino, Little Caesars Arena, and Founders Taproom, this property benefits from high traffic and business visibility, making it an ideal investment.
The property features a commercial storefront with over 1,000 sqft, bright front windows, exposed trusses, concrete floors, a "commercial style" kitchen, and a handicapped accessible bathroom. Behind the commercial space lies a former duplex, now transformed into a modern masterpiece while retaining authentic Detroit charm. Inside, you'll find a grandiose 2-story living room adjacent to an ensuite, with wide stairs leading to a studio bedroom and master suite.
This incredible mixed-use property offers a unique opportunity to live, work, and develop in the heart of Detroit. The deep backyard is fully fenced and features a salon, while the wide concrete drive next door, accessible via an alley, can accommodate nearly a dozen cars. Adding to its allure, the property includes an adjacent lot that is 190 ft. deep, providing ample parking and outdoor space for business and entertainment purposes.

This property is an absolute jewel as is, or it can be converted to suit whatever the developer chooses. It includes a stage, an open area with a built-in bar, and a backyard salon that is to die for. Words cannot do it justice--this is a must-see and will not last! The historic structure, with its authentic old Detroit charm, offers multiple purposes with its commercial and residential offerings. It also boasts newer furnace, A/C, and ductwork.
Whether you're looking to live, work, or both, this property offers unmatched versatility. Please note, rental of only the commercial space is an option. Do not disturb the tenant. This building is a "hidden gem" of Detroit, blending historic charm with modern convenience in a prime location.
Located just a block from the Peterboro and one more from the new Arena, this hid

20240047568

MLS ID

July 3, 2024

Listed

October 2, 2024

Updated

Map

671 PETERBORO Street
Detroit MI, 48201

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.15 Acres

School Information

School District

Detroit

Other Property Details

Area Name

Det: 6-Mack I75-Conner


Taxes

$866


Tax Frequency

Annually


Days on Market

1


Garage

No


View

No


County

Wayne


Pool

No


Zoning

Commercial,Multi-Family,Multiple,Residential

 

Courtesy of Amin Realty

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Adam Soroka shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Originating MLS:
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Data last updated 4:22 AM UTC, 10/2/2024

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