Hard-Corner Retail Redevelopment
For Sale
$1,700,000
3953 Packard St, Ann Arbor, MI 48108
Signalized hard-corner retail parcel on a dense corridor with parking and B1 zoning for redevelopment flexibility.
Property Size1,560 SF
Lot Size1.24 Acres
Days on Market50
Property Features for 3953 Packard St
General Information
Standard status
Active
Size
1,560 SF
Lot size
1.24 Acres
Property subtype
Retail
Zoning
B1
Site & Location
Traffic Count
80,300 vehicles/day
Highway Access
Yes
Building Details
Building Size
1,560 SF
Year Built
2006
Stories
1
Listing Agency:
SRS Real Estate Partners Newport Beach
(586) 549-4260
Listed By:
Michael Carter · License #6501369793
(586) 549-4260
Source:
Srsre
Added: Jun 28
Changed: Aug 14
Last Checked: Aug 16 at 2:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This property is a retail redevelopment site anchored by the former White Castle. The offering centers on a 1.24-acre lot configured to support on-site parking, with the existing improvements positioned for transition to new retail or commercial uses under the applicable business zoning.
The site is situated at a signalized, hard corner intersection with exposure to Interstate 94 traffic (80,300 VPD). It also benefits from placement within a dense retail corridor, providing an established setting for neighborhood-serving commerce and related tenant activity.
Zoned B1, the property supports a variety of permitted uses, giving buyers flexibility to reposition the asset for a wide range of retail and commercial concepts. The combination of signalized intersection access, established retail presence, and parking on-site makes the parcel well suited for operators and developers seeking a redevelopment opportunity in a high-traffic, retail-oriented environment. Final redevelopment direction and exact allowable uses should be confirmed with local authorities based on the buyer’s intended program.
The site is situated at a signalized, hard corner intersection with exposure to Interstate 94 traffic (80,300 VPD). It also benefits from placement within a dense retail corridor, providing an established setting for neighborhood-serving commerce and related tenant activity.
Zoned B1, the property supports a variety of permitted uses, giving buyers flexibility to reposition the asset for a wide range of retail and commercial concepts. The combination of signalized intersection access, established retail presence, and parking on-site makes the parcel well suited for operators and developers seeking a redevelopment opportunity in a high-traffic, retail-oriented environment. Final redevelopment direction and exact allowable uses should be confirmed with local authorities based on the buyer’s intended program.
Key Highlights
- 1.24‑acre signalized hard‑corner retail parcel on a dense retail corridor
- B1 zoning (business zoning) allows for a variety of permitted uses
- Former White Castle site with ample on‑site parking for investors
Property Analytics
Property Profile
Current Use
Lease Details
80,300 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
831
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48108, MI
26,639
Population
12,508
Households
2.1
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
16.8 sq mi
ZIP Area
1,586
Density / Sq Mi
$80,425
Median Household Income
$46,434
Median Earnings
$1,316
Median Rent
$378,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Signalized hard-corner retail parcel on a dense corridor with parking and B1 zoning for redevelopment flexibility.
Where is this conventional restaurant located?
The property is located at 3953 Packard St Ann Arbor, MI.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 1.24‑acre signalized hard‑corner retail parcel on a dense retail corridor; B1 zoning (business zoning) allows for a variety of permitted uses; Former White Castle site with ample on‑site parking for investors
