Active For Sale Multifamily

2873 Packard St

2873 Packard St, Ann Arbor, MI, 48108

ID f3eb629f

Overview

Exceptional development opportunity in the City of Ann Arbor! Builders, investors, and developers—this rare 1.875-acre parcel offers combination of substantial acreage, R1C zoning, and public water and sewer in a desirable city location. The property may accommodate development of 6-8 residential units, creating exciting potential for a new housing project. R1C zoning also permits day care facility, and Special Exception Use allows private school or religious assembly. Service along a main bus route. Walk to Buhr Park and Cobblestone Farm. The property is currently improved with an old 1716 sqft home and 3 outbuildings, offering interim potential use while development plans are pursued. The value and opportunity are in the land, location, and future possibilities. Opportunities to acquire nearly two acres with public utilities and development potential within the City of Ann Arbor are increasingly rare. 

Additional Information

City
Ann Arbor
State
MI
Zip Code
48108
Primary Uses
Multifamily
Zoning
R1C
Zoning Description
Single Family Dwelling