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$450,000
Est. payment /mo
1,416 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,416 sqft
Price per Sqft $317
Municipality Ann Arbor
Subdivision Ann Arbor
MLS Listing ID 20261083412
Year Built 1969
Annual Tax Amount $9,129
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 84X132
Source Realcomp
Property Description
Prime turn-key commercial real estate investment opportunity in Ann Arbor! Offered at $450,000, this 1,416 SF single-story fast-food/restaurant property sits on an 84' x 132' lot on high-traffic Packard Road, east of Platt Road. Fully leased to a well-known staple restaurant with a long-term double net (NN) lease running through October 2029 plus extension options, offering immediate and stable cash flow for investors. Zoned C1 (Local Business) within a strong trade area serving over 200,000 residents within a 5-mile radius. Sale includes real estate only; the operating business is not included. Contact listing agent for full details and financial information.
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
Schools
School District Ann Arbor
Others
Tax ID 091211201026
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Listed by Keller Williams Paint Creek
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