666 Peterboro Street Detroit, MI $ 1,100,000
666 Peterboro Street
$ 1,100,000
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666 Peterboro Street

Detroit, MI, 48201
$ 1,100,000
Bedrooms-- Baths-- Sq 3,435

Monthly Estimate*

$ 6,773

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Commercial Property for sale in Detroit, MI

for $1,100,000. This 3,435 square foot building was built in 1920 on a lot size of 0.44.

Situated just south of Martin Luther King Jr. Blvd. with immediate access to the John C. Lodge Freeway, this 3,435 SF structure sits on an expansive 100’ x 190’ lot (0.44 acres) in one of Detroit’s most rapidly evolving neighborhoods. Zoned SD2 (Special Development District – Mixed-Use), this property offers exceptional flexibility for redevelopment. Whether you envision multifamily housing, retail, creative office space, live/work lofts, light manufacturing, or a hybrid of these — it’s all on the table. The zoning allows for both residential and commercial uses, making this an ideal canvas for forward-thinking developers or owner-users looking to contribute to Midtown’s vibrant growth. The building features public utilities, forced air heating, slab construction, and a footprint ready for adaptive reuse or new vertical development. Surrounded by Midtown’s cultural and economic anchors — Wayne State University, Detroit Medical Center, Little Caesars Arena, and the Cass Corridor — this location is positioned at the crossroads of arts, education, and commerce. With strong traffic counts, growing residential density, and major investments underway all around, this site is poised for long-term value. Don’t miss your chance to capitalize on one of the most flexible and well-located parcels in the city. Call or text Farhan Pervez today to explore the potential and schedule a tour.

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Commercial Active

Price

$ 1,100,000

Property Type

Commercial

Taxes

$ 10,928

Style

RealEstateOnly

Lot Size

0.44

Year Built

1920

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251004230

Features
General
Sewer PublicSewer
Possession AtClose
Construction Materials Block
Year Built 1920
Property Subtype RealEstateOnly
Current Use Automotive
Business Type Commercial Mixed Residential Retail
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name CASS FARM SUB
Garage Y/N N
Status Active
Directions South of Martin Luther King Blvd and East of The Lodge Freeway
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial MultiFamily Office Residential
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 10928.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 414300
Expected Active Date 2025-06-02
Legal Description N PETERBORO 23-22 BLK 88 CASS FARM SUB L1 P172 PLATS W C R 4/28 100 X 190
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 3435.0
Lot Dimensions 100X190
Lot Size Acres 0.44
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 3435.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 666
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* Excluded Features
List By
Farhan Pervez

Listing Agent

Re/Max Innovation

Broker

(734) 246-2200

Phone

Affordability Calculator

$7,684
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,773
Monthly Property Taxes
$911
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2025$1,100,000 Listed Price

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666 Peterboro Street, Detroit, MI, 48201 is a Commercial Property for sale at $1,100,000 with 3,435 sqft and a lot size of 0.44. 666 Peterboro Street was built in 1920. The property's zip code is 48201 which is in Detroit, MI