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$ 450,000
Est. payment /mo
New
3220 Packard ST Ann Arbor, MI 48108
1,416 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 1,416 sqft
Price per Sqft $317
Subdivision Wagner Mccomb Blvd Gardens
MLS Listing ID 20261083412
Year Built 1969
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type RealEstateOnly
Property Description
Prime turn-key commercial real estate investment opportunity in Ann Arbor! Offered at $450,000, this 1,416 SF single-story fast-food/restaurant property sits on an 84' x 132' lot on high-traffic Packard Road, east of Platt Road. Fully leased to a well-known staple restaurant with a long-term double net (NN) lease running through October 2029 plus extension options, offering immediate and stable cash flow for investors. Zoned C1 (Local Business) within a strong trade area serving over 200,000 residents within a 5-mile radius. Sale includes real estate only; the operating business is not included. Contact listing agent for full details and financial information.
Location
State MI
County Washtenaw
Area Area04092Annarbor
Interior
Fireplace No
Exterior
View Y/N No
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Ann Arbor
Others
Senior Community false
Acceptable Financing Cash, Conventional, Trade1031Exchange
Listing Terms Cash, Conventional, Trade1031Exchange
Special Listing Condition ShortSaleNo, Standard
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Listed by Brock Bean of Keller Williams Paint Creek
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