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listing
1 of 10
CommercialFor Sale
$650,000
3000 Packard St
Ann Arbor, MI 48108
Listed by: Century 21 Curran & Oberski, (313) 274-7200
MLS: Realcomp II Ltd
Est. Mortgage
$3,455/mo

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.

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