Existing 15,000 SF commercial building on 1.706 acres. Ideal location on Packard, centered between downtown Ann Arbor, Briarwood Mall & business area and Arborland retail area.
“By Rights” redevelopment opportunity in the City of Ann Arbor with the potential to add 34 residential units to the existing commercial square footage. New retail / commercial and multi-family building planned to be 48,840 SF.
Redevelopment Scenario: First floor retail commercial suites, second and third floors of multi-family (34 units total), parking and water retention.
For Sale: 15,000 sf, $3,100,000
For more development plans, financial information and applicable property comps, call Bart Wise (734-662-3778) to receive full marketing packet.