3000 Packard Street Active Save Request In-Person Tour Request Virtual Tour
Ann Arbor,MI 48108
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,348 sqft
Price per Sqft $206
MLS Listing ID 25036677
Full Baths 2
Year Built 1965
Annual Tax Amount $14,500
Tax Year 2024
Lot Size 3,348 Sqft
Property Sub-Type Retail
Property Description
Prime Corner Investment in the Heart of Ann Arbor w/ ability to increase rents.
High-Visibility Retail Property with National Tenant
Don't miss this rare opportunity to own a 3,348 sq. ft. commercial property located on a prominent corner in Ann Arbor, just minutes to downtown and University of Michigan campus. Anchored by a long-standing Little Caesars franchise and a popular local boxing gym, this property offers strong cash flow and long-term upside. Tenants are NNN and pay all expenses. Rents are below market and can be increased at the next available renewal period outside of the current terms.
Whether you're an experienced investor or looking to enter the commercial market, this high-traffic, fully occupied property represents a low-maintenance, income-producing asset.
Location
State MI
County Washtenaw
Area Ann Arbor/Washtenaw - A
Interior
Heating Forced Air
Inclusions Non-Applicable
Exterior
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected,Storm Sewer
View Y/N No
Building
New Construction No
Schools
School District Ann Arbor
Others
Acceptable Financing Conventional,Contract,Cash
Listing Terms Conventional,Contract,Cash