Ann Arbor, MI 48108,3000 Packard Street
$690,000
Est. payment /mo
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3,348 SqFt
New

3000 Packard Street Ann Arbor, MI 48108

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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


Realcomp MLS
Listed by Mahmune Kasham of Dunum, LLC
agent
Talaal Chaudhry

Diamond Agent / Productivity Manager | License ID: 6501422349

+1(305) 504-1717 | talaal@zeolirealty.com

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3000 Packard Street