3000 Packard Rd - Storefront FOR SALE


Ann Arbor, MI 48108- Southeast Ann Arbor
$690,000 USD
734-368-2096
3000 Packard Rd, Ann Arbor, MI for Sale
$690,000 USD
Storefront - FOR SALE
1/8
null | 6.33% Cap Rate

3000 Packard Rd
Ann Arbor, MI 48108
Southeast Ann Arbor


HIGHLIGHTS

  • 3,348 square feet of commercial space, ideal for retail businesses
  • Located on a busy road with 69 feet of frontage
  • Includes a Little Caesars franchise and a boxing gym, generating steady rental income

OVERVIEW

Prime Corner Investment in the Heart of Ann Arbor! 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 in one of Michigan’s most sought-after markets. Inquire today to explore this exceptional opportunity! *Please do not approach tenants or businesses

FOR SALE DETAILS

PRICE

$690,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

6.33%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,269 SF

ZONING

C2B

APN/PARCEL ID

12-11-208-017

ASK ABOUT THIS PROPERTY

Mahmune KashamDunumMore Info
734-368-2096

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Mahmune KashamDunumMore Info
734-368-2096

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.