3000 Packard Street new Save Request In-Person Tour Request Virtual Tour
Ann Arbor,MI 48108
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,348 sqft
Price per Sqft $206
MLS Listing ID 81025036677
Year Built 1965
Annual Tax Amount $14,500
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 33x130
Source Greater Metropolitan Association of REALTORS®
Property Description
Prime Corner Investment in the Heart of Ann Arbor w/ ability to increase rents.High-Visibility Retail Property with National TenantDon'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
Interior
Heating Forced Air
Heat Source Natural Gas
Building
Sewer Public Sewer (Sewer-Sanitary),Storm Drain
Water Public (Municipal)
Structure Type Block
Schools
School District Ann Arbor
Others
Tax ID 091211208017
Acceptable Financing Cash,Contract,Conventional,Lease
Listing Terms Cash,Contract,Conventional,Lease
Financing Cash,Contract,Conventional,Lease
Special Listing Condition Unknown/Data Share Listings