$250,000
Adrian, MI 49221
MLS# 26010893
1976 sqft
1 / 19
Property Description
Step into opportunity with this one of a kind commercial property in the heart of downtown Adrian's vibrant DARA district. . The property features a rare and valuable asset to downtown, its own private parking lot with 8 spaces. Inside the main floor was completely re imagined in 2023 with a distinctive black metal ceiling. Tthe space has been fully gutted and rebuilt with a new electrical paneling wiring, updated duct work, spray foam insulated exterior walls and new flooring throughout the main level and stairways. New air conditioning main level in 2023. the upper level was remodeled in 2017 previously use as an apartment with previous infastructure still in place, convert back into apartment for additional income. Updates include all new electrical, new furnace, updated duct work, air conditioning lower level furnace 2017, new exterior doors water heater. This property offers the perfect blend of historic charm, modern systems, income potential making this a great opportunity.
Details
Maps
Location & Property Info
Cross Streets: Broad and Main
Property Sub-Type: Business Opportunity
Municipality: Adrian City
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 126.52
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: 66x185
Road Frontage: 66
Waterfront: No
Total # Units: 1
Total # Bldgs: 1
# Fin Bldg Lvls: 2
Total SqFt: 1976
Property Use Type: Business
School District: Adrian
Lot Measurement: Acres
Lot Acres: 0.56
Lot Square Footage: 24394
Year Built: 1920
Full Baths: 2
Tax Info
Taxable Value: 87800
SEV: 87800
For Tax Year: 2025
Seller's Annual Property Tax: 6075.58
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: none
Tax ID #: XA0-000-0123-01
Remarks & Misc
Public Remarks: Step into opportunity with this one of a kind commercial property in the heart of downtown Adrian's vibrant DARA district. . The property features a rare and valuable asset to downtown, its own private parking lot with 8 spaces. Inside the main floor was completely re imagined in 2023 with a distinctive black metal ceiling. Tthe space has been fully gutted and rebuilt with a new electrical paneling wiring, updated duct work, spray foam insulated exterior walls and new flooring throughout the main level and stairways. New air conditioning main level in 2023. the upper level was remodeled in 2017 previously use as an apartment with previous infastructure still in place, convert back into apartment for additional income. Updates include all new electrical, new furnace, updated duct work, air conditioning lower level furnace 2017, new exterior doors water heater. This property offers the perfect blend of historic charm, modern systems, income potential making this a great opportunity.
Legal: LOT 119 EX 62.8 FT ORIGINAL PLAT
Street Type
Paved: 1
Property Use
Business: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Professional/Office: 1
Construction Type
Frame/Wood: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
Proprietorship: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Non-Applicable: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Driveway
Paved: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Location Property Info
County: Lenawee
Street #: 146
Street Name: Toledo
Suffix: Street
State: MI
Zip Code: 49221
Zip (4): 2718
OfficeContract Info
Status: Active
Current Price: $250,000
List Price: $250,000
Listing Date: 2026-03-19
Property Features
Property Use: Business
Uses: Professional/Office
Ownership: Proprietorship
Business Includes: Non-Applicable
Construction Type: Frame/Wood
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Listing Office: Xsell Realty
Listing Agent: Jameson Reed
Last Updated: March - 20 - 2026
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