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$ 625,000
Est. payment | /mo
2,240 SqFt
$ 625,000
Est. payment | /mo
2,240 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,240 sqft
Price per Sqft $279
Municipality Ann Arbor
Subdivision Ann Arbor
MLS Listing ID 20261083464
Year Built 1971
Annual Tax Amount $11,863
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 84X132
Source Realcomp
Property Description
Prime turnkey commercial retail investment opportunity in Ann Arbor! Offered at $625,000, this 2,240 SF single-story building sits on an approximate 84' x 132' lot along high-visibility Packard Road, near the Platt Road corridor. The property is fully leased to a long-standing, highly successful liquor store featuring a fully renovated interior. Secured with a long-term lease through December 2031 and renewal options extending through 2046, this asset offers immediate, reliable cash flow. Situated in a dense commercial and residential trade area serving over 200,000 residents within a 5-mile radius. Sale includes real estate only; operating business is not included. Contact listing agent for additional property and lease details.Fully leased retail investment propertyLong standing and highly successful business locationLong term lease with options through 2046Fully renovated liquor storeReal estate only - business not includedProminent Packard Road location
Location
State MI
County Washtenaw
Zoning Commercial
Direction South side of Packard, East of Platt
Exterior
View Y/N No
Building
Foundation Slab
Water Public
Structure Type Brick
Schools
School District Ann Arbor
Others
Tax ID 091211201025
Listed by Keller Williams Paint Creek
Nearby Locations
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