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617-619 Packard St 2,112 SF Retail Building Ann Arbor, MI 48104 $1,600,000 ($757.58/SF)

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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.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

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
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (72)
Bike Score®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

SoulCycle
Starbucks
PNC Bank
Noodles & Company
Pure Barre
Huntington National Bank
Old National Bank
Chase Bank
Tim Hortons
Ruth's Chris Steak House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-32-100-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$436,800
  • Listing ID: 38708053

  • Date on Market: 12/9/2025

  • Last Updated:

  • Address: 617-619 Packard St, Ann Arbor, MI 48104

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