617-619 Packard St - Freestanding FOR SALE


Ann Arbor, MI 48104- Central Ann Arbor
$1,600,000 USD
734-994-3100
617-619 Packard St, Ann Arbor, MI for Sale
$1,600,000 USD
Freestanding - FOR SALE
1/2
null | Request Cap Rate

NEW


617-619 Packard St
Ann Arbor, MI 48104
Central Ann Arbor


OVERVIEW

This 2,112 SF two-story retail property offers exceptional visibility and functionality, featuring a usable basement for storage and recent updates including generous street frontage, an accessibility lift, and modern restrooms. Positioned at one of Ann Arbor’s most active intersections—Packard Street, S State Street, and Hill Street—the site benefits from outstanding foot and vehicle traffic. Its proximity to the University of Michigan campus, as well as new and future student housing developments and downtown amenities, makes it ideal for a variety of uses. Zoned CA1 (Campus Business District), the property serves a vibrant university-oriented population and allows for future residential development, creating a compelling opportunity for an owner-user or investor.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$758 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,960 SF

ZONING

C1A

APN/PARCEL ID

09-32-100-006

ASK ABOUT THIS PROPERTY

Jim ChaconasColliers InternationalMore Info
734-994-3100

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Jim ChaconasColliers InternationalMore Info
734-994-3100

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