Active
679 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
20240048236
MLSⓇ ID
July 7, 2024
Listed
November 22, 2024
Updated
Map
679 PETERBORO Street
Detroit MI, 48201
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.15 Acres
School Information
School District
Detroit
Other Property Details
Area Name
Det: 6-Mack I75-Conner
Taxes
$151
Tax Frequency
Annually
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 Gustaf Andreasen 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.
Provided through IDX through Realcomp II LTD
Originating MLS:
©2024 Realcomp II LTD Shareholders
Data last updated 5:22 AM UTC, 11/22/2024