$690,000
Est. payment /mo
2 Baths
3,348 SqFt
Active
3000 Packard ST 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
Lot Size 3,484 Sqft
Acres 0.08
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 Area04092Annarbor
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable
View Y/N No
Building
Sewer Public Sewer, Storm Drain
Water Public
New Construction No
Schools
High Schools Ann Arbor
School District Annarbor
Others
Acceptable Financing Cash, Contract, Conventional, Lease
Listing Terms Cash, Contract, Conventional, Lease
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Listed by Mahmune Kasham of Dunum, LLC
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