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$650,000 USD
3000 Packard St
Ann Arbor, Michigan 48108
USA
Ann Arbor, Michigan 48108
USA
311.029 m2 ::
3,348 sqft
Commercial for Sale, Other Commercial Property
Sale price per sqm: 2,089.77
Tax: 13,700 USD
Remarks:
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 lease 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.
Features:
- Year Built: 1965
Location:
3000 Packard St, Ann Arbor, Michigan 48108, USA
Listed By CENTURY 21 Curran & Oberski
The Commercial for Sale, Other Commercial Property located at 3000 Packard St, Ann Arbor, Michigan 48108, USA is currently for sale. 3000 Packard St, Ann Arbor, Michigan 48108, USA is listed for $650,000 USD. This property has 3,348 sqft. If the property located at 3000 Packard St, Ann Arbor, Michigan 48108, USA isn't what you're looking for, search Michigan Real Estate to see other Commercial For Sale in Ann Arbor.