3000 Packard St, Ann Arbor, MI 48108
sale
$650,000
|
Commercial-Other
Listed By CENTURY 21 Curran & Oberski
25636 Ford Road, Dearborn Heights, MI 48127
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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Property Features
- Building Area: 3348.00 SF
- Cross Docks: N
- For Auction: N
- MLSID: 20240066763
- Parking Places: 0
- Price Per Area: 194.15
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Taxes: $13700.00
- Year Built: 1965
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