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$344,900
Est. payment /mo
4,300 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 4,300 sqft
Price per Sqft $80
MLS Listing ID 56050227273
Year Built 1948
Lot Size 1.450 Acres
Acres 1.45
Property Sub-Type RealEstateOnly
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
Area Area13092Adrian
Interior
Heating Forced Air, Natural Gas
Cooling Ceiling Fans, Central Air, Other
Flooring Carpet, Concrete
Fireplace No
Exterior
Parking Features ParkingLot, Other
Fence Fenced
Utilities Available NaturalGasConnected
View Y/N No
Roof Type Other
Building
Foundation Basement
Sewer Public Sewer
Water Community
New Construction No
Schools
School District Adrian
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition CorporateRelocation, ShortSaleNo
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Listed by Lorraine M Morgan of Heart O' The Hills Realty
Nearby School & Business
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