Property Description

RARE OPPORTUNITY IN THE HEART OF MIDTOWN DETROIT OFFERING BOTH IMMEDIATE USABILITY AND LONG-TERM REDEVELOPMENT POTENTIAL. SITUATED ON AN EXPANSIVE 0.44-ACRE PARCEL, 666 PETERBORO PROVIDES A UNIQUE COMBINATION OF EXISTING IMPROVEMENTS AND FUTURE UPSIDE IN ONE OF THE CITY’S MOST SOUGHT-AFTER LOCATIONS. THE CURRENT STRUCTURE ALLOWS FOR A VARIETY OF POTENTIAL USES, MAKING IT A STRONG OPTION FOR AN OWNER-USER OR INVESTOR SEEKING INCOME OR OPERATIONAL FLEXIBILITY. AT THE SAME TIME, THE SIZE AND POSITIONING OF THE LOT PRESENT A COMPELLING OPPORTUNITY FOR FUTURE REDEVELOPMENT AS THE SURROUNDING AREA CONTINUES TO GROW. LOCATED JUST STEPS FROM WOODWARD AVENUE AND SURROUNDED BY POPULAR RESTAURANTS, RETAIL, AND MAJOR INSTITUTIONS, THIS PROPERTY BENEFITS FROM STRONG WALKABILITY AND CONSISTENT DEMAND. PROPERTIES OFFERING THIS LEVEL OF FLEXIBILITY—USABLE TODAY WITH CLEAR UPSIDE TOMORROW—ARE INCREASINGLY RARE IN MIDTOWN.

Property Features

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