$650,000
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3000 Packard St Ann Arbor, MI 48108
Industrial
Residence
Beds
Baths
Sq. Ft.
0.1
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Explore this investment property featuring a Little Caesars franchise and a boxing gym, offered at $650,000. The 3,348 sq. ft. building generates a net income of approximately $42,000 annually, with the pizzeria contributing $3,300 in monthly rent. The Little Caesars is secured with a five-year leas...e and options to renew for up to 15 years, with annual rent increases. The boxing gym operates on a month-to-month lease, providing flexibility and potential for increased rental income. All operating expenses are covered by the tenants. This property represents a solid investment opportunity with growth potential.
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Source MLS
MiRealSource
Originating MLS
RealComp
MLS#
60338145
Property Type
Industrial
Year Built
1919
Lot Size
0.1
Sewer
Public Sewer
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