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4090 Packard St
Ann Arbor, MI 48108
Retail Property For Sale
Investment Highlights
- 100 feet of frontage along Packard Road with strong visibility.
- Flexible structure suitable for office, retail, or residential conversion.
- Located near downtown Ann Arbor, University of Michigan, and major highways.
- Zoned FB (Form-Based Mixed Use) allowing multiple permitted uses.
- Heavy parking ratio supports customer and tenant convenience.
- Positioned in a high-demand corridor with strong traffic counts and residential density.
Executive Summary
This mixed-use property at 4090 Packard Street offers a unique investment opportunity in one of Ann Arbor’s most active commercial corridors. Priced at $300,000, the site features 100 feet of frontage along Packard Road, providing strong visibility and accessibility for a variety of business or residential uses. Zoned FB (Form-Based Mixed Use), the property supports multiple use groups, including residential, office, retail, and service-based businesses, making it highly adaptable for redevelopment or repositioning strategies.
The existing 2,256-square-foot structure offers a flexible layout suitable for conversion into professional offices, medical services, boutique retail, or multi-family housing. Its heavy parking ratio enhances convenience for customers, clients, or residents. Located minutes from downtown Ann Arbor and the University of Michigan campus, the property benefits from strong traffic counts, a dense residential base, and proximity to major roadways such as US-23 and I-94.
Investors and developers will appreciate the property’s potential for value-add improvements and its alignment with Ann Arbor’s growth and mixed-use development trends. This is an excellent opportunity to secure a well-located asset in a thriving market with long-term upside.
The existing 2,256-square-foot structure offers a flexible layout suitable for conversion into professional offices, medical services, boutique retail, or multi-family housing. Its heavy parking ratio enhances convenience for customers, clients, or residents. Located minutes from downtown Ann Arbor and the University of Michigan campus, the property benefits from strong traffic counts, a dense residential base, and proximity to major roadways such as US-23 and I-94.
Investors and developers will appreciate the property’s potential for value-add improvements and its alignment with Ann Arbor’s growth and mixed-use development trends. This is an excellent opportunity to secure a well-located asset in a thriving market with long-term upside.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,256 SF
Building Class
C
Year Built
1885
Price
$416,247 CAD
Price Per SF
$184.51 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.07
Lot Size
0.76 AC
Zoning
BI - Business District
Parking
18 Spaces (4.52 Spaces per 1,000 SF Leased)
Frontage
116’ on Packard Rd
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 12-12-200-008 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $281,488 CAD |
Property Taxes
Parcel Number
12-12-200-008
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$281,488 CAD
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