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$690,000
Est. payment /mo
3,348 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 3,348 sqft
Price per Sqft $206
Subdivision Mi
MLS Listing ID 70483329
Year Built 1965
Annual Tax Amount $14,500
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 33x130
Property Sub-Type Commercial/Industrial
Property Description
Prime Corner Investment in the Heart of Ann Arbor w/ ability to increase rents.High-Visibility Retail Property with National TenantDon't miss this rare opportunity to own a 3,348 sq. ft. commercial property located on a prominent corner in Ann Arbor, just minutes to downtown and University of Michigan campus. Anchored by a long-standing Little Caesars franchise and a popular local boxing gym, this property offers strong cash flow and long-term upside. Tenants are NNN and pay all expenses. Rents are below market and can be increased at the next available renewal period outside of the current terms. Whether you're an experienced investor or looking to enter the commercial market, this high-traffic, fully occupied property represents a low-maintenance, income-producing asset.
Location
State MI
County Washtenaw
Area Ann Arbor (81021)
Interior
Heating Forced Air
Building
Structure Type Block
Others
Energy Description Natural Gas
Financing Cash,Conventional,Land Contract
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Listed by Dunum, LLC