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Two-Story Storefront Property
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617 Packard St, Ann Arbor, MI 48104

CA1-zoned property with basement storage, an accessibility lift, and modern restrooms.

Property Size2,112 SF
Price / SF$757.58
Days on Market267

Property Features for 617 Packard St

General Information

Standard status Active
Size 2,112 SF
Property subtype RETAIL
Zoning CA1

Amenities

usable basement
accessibility lift
modern restrooms

Building Details

Stories 2
Listing Agency: Colliers - Ann Arbor
Listed By: James H. Chaconas
Source: Moodyscre
Added: Dec 9, 2025 Changed: Aug 29 Last Checked: Aug 29 at 4:25PM

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 Colliers - Ann Arbor

Investment Insights

Based on property information with market context.

This 2,112-square-foot, two-story storefront property includes a usable basement for storage, an accessibility lift, and modern restrooms. Recent updates support the building’s current functionality, while street frontage adds presence along the surrounding intersection.

The property is positioned at the meeting point of Packard Street, S State Street, and Hill Street in Ann Arbor. It is near the University of Michigan campus, student housing developments, downtown amenities, and areas with foot and vehicle traffic. CA1 zoning places the property within the Campus Business District and allows future residential development. The configuration may suit an owner-user or investor seeking a university-oriented commercial property.

Key Highlights

  • 2,112 SF two‑story storefront property
  • Usable basement provides additional storage space
  • Accessibility lift and modern restrooms

Property Analytics

Current Use

Leaf & Bud Ann ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Electrical Service Kitchen & Bath Showroom Carpet & Flooring Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,772
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48104, MI

41,588
Population
19,173
Households
2.2
Avg Household Size
27
Median Age
82%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
5,332
Density / Sq Mi
$63,341
Median Household Income
$16,073
Median Earnings
$1,548
Median Rent
$481,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Tom Thompson Flowers 504 s main st, ann arbor, mi 48104
  • University Flower Shop 7 Nickels Arcade, Ann Arbor, MI 48104

Frequently Asked Questions

What type of property is this?
Storefront property - CA1-zoned property with basement storage, an accessibility lift, and modern restrooms.
Where is this storefront property located?
The property is located at 617 Packard St Ann Arbor, MI.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 2,112 SF two‑story storefront property; Usable basement provides additional storage space; Accessibility lift and modern restrooms
(734) 994-3100 Call to check price and availability
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