Sold: Oct 18, 2021
Address
830 Peterboro St Detroit, MI
Price
$ 465,000
Property Attributes
  • MLS#40093696
  • TypeCommercial
  • CountyWAYNE
  • CityDetroit
  • Zip48201
  • Style
  • Price$ 465,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8100
  • Lot Size3,920 SqFt
Listing Provided Courtesy Of:
KW Metro
Data Source:
MiRealSource (MIRS) - 138 - MI
Property Description

Calling all investors and developers! Huge opportunity awaits you in this once residential Duplex building. The structure is 8,000+ sqft all brick situated in the epicenter of the next midtown boom. Minutes from LCA, Ford Field, Comerica and Casinos. The building has undergone full demo to the studs with all the necessary abatements performed and temporary electrical/lighting set up. The building has four levels on each side with each floor possessing a variety of options for use. Lot is fenced with the ability to have onsite parking. Full architectural prints for a 10 unit apartment building have been developed. This is a once in a lifetime opportunity to own a remarkable building that has stood strong through the years. Agent owned.

Price History
8/21/2020 Listed $615,000
9/3/2020 3% - $599,000
10/2/2020 9% - $549,000
5/31/2021 10% - $499,000
8/30/2021 5% - $475,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 48201

Price
AVG $1.5M
$470K