Property summary
This exceptional two-story, 8,405-square-foot medical office building, constructed in 2005, presents a unique investment opportunity. Situated on a 1.6-acre lot at the intersection of Packard and a cross street, conveniently located near Buhr Park, this Class B property offers easy access to downtown Ann Arbor, S. State Street, and I-94. The building features two suites, totaling 8,405 square feet, with a minimum divisible space of 1,685 square feet and a maximum contiguous space of 2,921 square feet. Currently, 4,833 square feet are vacant and available for lease. Amenities include 50 parking spaces, a passenger elevator, and premium finishes throughout. Each suite boasts large windows, private offices, conference rooms, and kitchens. Common restrooms are shared between suites. The building also features a welcoming two-story entry with peaked ceilings and a full basement. The listed price per square foot includes a 12% load factor. The property is zoned for office use and has a fire suppression system. The APN is 09-12-03-307-059. This property is located in the Washtenaw W of 23 submarket.
Property profile
VerifiedCap rate & NOI
Current use
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Crisis Center Medical Clinic
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Foster Care Service Social Service Agency
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Counselor Practitioner Service Location
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Medical Clinic
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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