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$ 625,000
Est. payment /mo
Active
3240 Packard Road Ann Arbor, MI 48108
2,240 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 2,240 sqft
Price per Sqft $279
Subdivision Mi
MLS Listing ID 61038846
Annual Tax Amount $11,863
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 84X132
Property Sub-Type Commercial/Industrial
Property Description
Prime turnkey commercial retail investment opportunity in Ann Arbor! Offered at $625,000, this 2,240 SF single-story building sits on an approximate 84' x 132' lot along high-visibility Packard Road, near the Platt Road corridor. The property is fully leased to a long-standing, highly successful liquor store featuring a fully renovated interior. Secured with a long-term lease through December 2031 and renewal options extending through 2046, this asset offers immediate, reliable cash flow. Situated in a dense commercial and residential trade area serving over 200,000 residents within a 5-mile radius. Sale includes real estate only; operating business is not included. Contact listing agent for additional property and lease details. Fully leased retail investment property Long standing and highly successful business location Long term lease with options through 2046 Fully renovated liquor store Real estate only - business not included Prominent Packard Road location
Location
State MI
County Washtenaw
Area Ann Arbor (81021)
Zoning Commercial
Building
Foundation Slab
Water Public Water
Structure Type Brick
Others
Ownership Private
Financing Cash,Conventional,Exchange/Trade

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Listed by Keller Williams Paint Creek
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