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617-619 Packard St
Ann Arbor, MI 48104
Retail Property For Sale
EXECUTIVE SUMMARY
This 2,112 SF two-story retail property offers exceptional visibility and functionality, featuring a usable basement for storage and recent updates including generous street frontage, an accessibility lift, and modern restrooms. Positioned at one of Ann Arbor’s most active intersections—Packard Street, S State Street, and Hill Street—the site benefits from outstanding foot and vehicle traffic. Its proximity to the University of Michigan campus, as well as new and future student housing developments and downtown amenities, makes it ideal for a variety of uses. Zoned CA1 (Campus Business District), the property serves a vibrant university-oriented population and allows for future residential development, creating a compelling opportunity for an owner-user or investor.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,112 SF
Building Class
C
Year Built
1920
Price
$1,600,000
Price Per SF
$757.58
Tenancy
Single
Building Height
2 Stories
Building FAR
1.08
Lot Size
0.04 AC
Zoning
C1A - Campus Business District, Neighborhood Shopping Area for the University-Oriented Population. Zoning allows for Residential Development
Frontage
52’ on Packard St
AMENITIES
- Bus Line
PROPERTY TAXES
| Parcel Number | 09-32-100-006 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $436,800 |
PROPERTY TAXES
Parcel Number
09-32-100-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$436,800
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