620 Peterboro StDetroit, MI 48201

This exceptional 9,500 square foot vacant land parcel presents a remarkable development opportunity in Detroit's vibrant Midtown. Located at 620 Peterboro Street, this commercially zoned (SD2) property boasts a strategic location within walking distance of The District Detroit, encompassing Little Caesars Arena and numerous mixed-use developments. Its proximity to major expressways (M-10, I-75, and I-94) and the QLine on Woodward Avenue ensures excellent connectivity to the Central Business District, Brush Park, TechTown, and New Center. Surrounded by a dense mix of residential, museums, universities, theaters, big-box retailers, office buildings, and national restaurants, this site offers unparalleled access to a substantial daytime and residential population. The SD2 zoning encourages a diverse mix of residential, business, retail, and office uses, promoting pedestrian activity and transit-oriented design with less restrictive setback and parking requirements. The asking price is $285,000, translating to $30 per square foot. This property is owned by the City of Detroit and represents an ideal location for a variety of mixed-use developments. The site is generally bounded by Peterboro Street to the south, MLK to the north, 3rd Street to the west, and 2nd Avenue to the east.