3240 Packard Rd

Overview

Offered for sale at $625,000, 3240 Packard Road is a 2,240-square-foot, single-story retail building on an approximately 84' x 132' lot in Ann Arbor, near the Packard Road and Platt Road corridor. The property was built in 1971 and renovated in 1995 and is zoned C-1, Local Business.The building is fully leased to a liquor store tenant under a lease extending through December 2031, with five-year renewal options through 2046. The sale includes the real estate only; the operating business is not included. The property is located in a commercial and residential trade area serving more than 200,000 residents within a five-mile radius.