3162 Packard St Ann Arbor, MI 48108-1947

Property Details for 3162 Packard St

Year built

1951

Lot size

0.23 lot acres

Property size

6,006 SF

Zone code

C2B

Property type

Commercial real estate

APN

09-12-11-204-003

APU

91211204003

Description

This exceptional investment opportunity presents a free-standing retail building located at 3162 Packard St, Ann Arbor, MI 48108. The property, identified by APN 12-11-204-003, boasts a total of 6,533 square feet across two stories, built in 1951 and zoned C2B. The asking price is $799,999, translating to a price per square foot of $122.46. The building's layout includes a first floor offering 3,846 square feet of retail space, ideal for a variety of uses. The second floor is partially finished, presenting potential for expansion or additional office space. This property benefits from ample parking, a desirable location on a main street within a great neighborhood setting, and excellent demographics. The property's strong location in Ann Arbor, Michigan, combined with its size and potential for development, makes it an attractive investment opportunity for discerning buyers. The building's age provides character, while its layout and zoning offer flexibility for future tenants or owners. This is a rare chance to acquire a well-situated retail property in a thriving Michigan market.

Location Insight

City

Ann Arbor

County

Washtenaw

State

Michigan

Longitude

-83.697

Latitude

42.2445

CBSA code

11460

CBSA name

ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments