$899,999 for Sale
666 peterboro, detroit, MI 48201
Property Description
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 â?? 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.
General Information
Sale Price: $899,999
Price/SqFt: $262
Status: Active
MLS#: 374
City: detroit
Post Office: detroit
County: Wayne
Acres: 0.44
Lot Dim: 100X190
Size: 3,435 sq.ft.
Acreage: 0.44 est.
Year Built: 19
Property Type: Commercial/Industrial
Tax, Fees & Legal
Est. Summer Taxes: $6,759
Est. Winter Taxes: $4,169

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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Farhan Pervez of RE/MAX Innovation
This listing last updated: Tue, March 17, 2026 at 1:26:38 PM EDT
MIRealSource Listing Data Last Updated On Monday, April 6 2026 at 6:15pm