$1,300,000 for Sale

671 peterboro street, detroit, MI 48201

Property Description
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 s
General Information
Sale Price: $1,300,000
Price/SqFt: $518
Status: Active
MLS#: 20240047568
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 0.15
Lot Dimensions: 34 x 190
Size: 2,508 sq.ft.
Acreage: 0.15 est.
Year Built: 1920
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $805
Est. Winter Taxes:  $61
Map


IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd., ©2024 Realcomp II Ltd. Shareholders Listing By: Erick Howard of Amin Realty, Phone: (833) 264-6832
(810) 397-9069 Call Scott Shamel for more information about this property.

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