3000 Packard Street, Ann Arbor, MI 48108 (MLS# 25036677)
3000 Packard Street, Ann Arbor, MI 48108
$690,000
Property Type:
Commercial Sale
Square Footage:
3,348
Lot Size (sq. ft.):
3,348
Status:
Active
Current Price:
$690,000
List Date:
7/24/2025
Last Modified:
7/24/2025
Overview
Description
Prime Corner Investment in the Heart of Ann Arbor w/ ability to increase rents.
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.
Listing Details MLS# 25036677
Location Property Info
- County
- Washtenaw
- Street #
- 3000
- Street Name
- Packard
- Suffix
- Street
- State
- MI
- Zip Code
- 48108
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 0.08
- Lot Square Footage
- 3348
- Lot Dimensions
- 33x130
- Year Built
- 1965
- Road Frontage
- 33
- Total # Units
- 2
- # Fin Bldg Lvls
- Yes
- Total # Bldgs
- 2
- Total SqFt
- 3348
- Property Use Type
- Net Leased (nnn)
- Full Baths
- 2
- Waterfront
- No
- School District
- Ann Arbor
Tax Info
- Tax ID #
- 09-12-11-208-017
- Taxable Value
- 207500
- SEV
- 207500
- For Tax Year
- 2024
- Seller's Annual Property Tax
- 14500
- Tax Year
- 2024
- Spec Assessment & Type
- no
- Homestead %
- 0
Location & Property Info
- Cross Streets
- Packard/ Platt
- Property Sub-Type
- Retail
- Area
- Ann Arbor/Washtenaw - A
- Municipality
- Ann Arbor
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 206.09
- Prop Avail for Lease?
- Yes
- Current Bldg Use
- Retail
More Information
Remarks & Misc
- Legal
- PRT LOT 1 BEG NW COR TH N 89 DEG 14 MIN 20 SEC E 32.65 FT TH S 0 DEG 45 MIN 40 SEC E 130 FT TH S 89 DEG 14 MIN 20 SEC W
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Restaurant
- Yes
- Retail
- Yes
Construction Type
- Block
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
Business Includes
- Non-Applicable
- Yes
Util Avail at St
- Electricity Available
- Yes
- High Speed Internet
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Storm Sewer
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- Yes
- Land Contract
- Yes
Property Features
Uses:
Restaurant; Retail
Business Includes:
Non-Applicable
Construction Type:
Block
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Electricity Connected; Natural Gas Connected
Util Avail at St:
Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer
Heat Source:
Natural Gas
Heat Type:
Forced Air
Purchase Terms Avail:
Cash; Conventional; Land Contract
Sale Conditions:
None
Listing Office:
Dunum, LLC
Listing Agent:
Mahmune Kasham
Last Updated: July - 24 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.