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$344,900
Est. payment /mo
4,300 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 4,300 sqft
Price per Sqft $80
Municipality Adrian City
Subdivision Adrian City
MLS Listing ID 50227273
Year Built 1948
Lot Size 1.450 Acres
Acres 1.45
Property Sub-Type Industrial
Source MiRealSource
Property Description
MULTI-USE INCOME PRODUCING COMMERCIAL PROPERTY Discover the possibilities with this versatile, income-generating commercial property located in downtown Adrian, Michigan. Offering approximately three separate spaces under one roof, this property provides an excellent opportunity for investors OR business owners. Originally built in 1948, this solid masonry construction building offers a variety of uses and multiple income-producing opportunities. SPACE #1 – CURRENTLY RENTED CHIROPRACTIC OFFICE Featuring a welcoming waiting and reception area along with multiple exam and treatment offices. This established rental space offers immediate income potential. SPACE #2 – TWO-BEDROOM APARTMENT A 2-bedroom, 1-bath apartment, new in 2021. Complete with its own separate furnace, air conditioning, and utilities, providing comfortable, independent living and an additional income opportunity. SPACE #3 – LARGE COMMERCIAL OFFICE / STORAGE SPACE Versatile office space featuring its own entry and reception area, conference room, large open work area, and additional storage. A large delivery door provides convenient access for deliveries, inventory, equipment, or business operations. ADDITIONAL PROPERTY FEATURES: 1.45 acres of property Asphalt parking lot Gated rear entrance with gravel parking and access Ample space for commercial deliveries and vehicle turnaround Five on-site storage containers for additional storage APX. 4300 TOTAL SQ.FT. Duroplast 50-year roof Whether you're looking for an investment property, a location for your own business, additional rental income, or a combination of all three, this property offers outstanding flexibility and opportunity.
Location
State MI
County Lenawee
Zoning Mixed Use,Professional Of
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Roof Type Other
Building
Sewer Public
Structure Type Block,Brick
Others
Tax ID XA0-210-1016-00
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Listed by Heart O' The Hills Realty
NEARBY SCHOOL & BUSINESS
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