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.
Courtesy: ERA REARDON REALTY, L.L.C.
517-782-2996
Unlock the potential of this versatile commercial property in a highly visible Adrian location! Offering a flexible layout, this property presents an opportunity for business owners or investors looking to establish or expand their presence. The main level features a welcoming reception area, two offices, a kitchenette, and two bathrooms, while the upper level offers additional space ready to be transformed to suit your needs. Handicap accessible and featuring a newer roof, flooring, seal coating and exterior paint, this property offers a practical starting point for a variety of commercial uses. Conveniently located near N. Main Street/M-52, with nearby businesses, shopping, dining, and ProMedica Hospital. Bring your vision and explore the possibilities!
Unlock the potential of this versatile commercial property in a highly visible Adrian location! Offering a flexible layout, this property presents an opportunity for business owners or investors looking to establish or expand their presence. The main level features a welcoming reception area, two offices, a kitchenette, and two bathrooms, while the upper level offers additional space ready to be transformed to suit your needs. Handicap accessible and featuring a newer roof, flooring, seal coating and exterior paint, this property offers a practical starting point for a variety of commercial uses. Conveniently located near N. Main Street/M-52, with nearby businesses, shopping, dining, and ProMedica Hospital. Bring your vision and explore the possibilities!
Be part of the revitalization downtown. Well maintained building with 3 residential units and retail store with long term tenants.
Private Bathroom in unit. Gas, Electric, and Internet are Tenants responsibility. Water and Trash included. Wall A/C unit. New Flooring and Paint throughout. Minimum 3 year lease. Security Deposit is 1 months rent. No parking on back lot.
Exceptional restaurant opportunity is now available in one of the area's busiest and most desirable locations. This well-established restaurant has been family-owned and operated since 2001 and has developed a loyal customer following over the years. Its convenient location near shopping, hotels, and colleges provides strong visibility and access to a broad customer base. Dining area seating for approximately 90 guests. Parking for more than 40 vehicles. Extremely clean and well-maintained premises. Fresh interior finishes. Established operations with a strong history. Loyal customer following. Family ownership since 2001. This is an appealing opportunity for an owner-operator, restaurateur, or investor seeking an established business in a high-demand location. SCHEDULE THROUGH LISTING OFFICE: 517-467-3003 or 517-206-4474.
Courtesy: RE/MAX Irish Hills Realty
517-467-3003
Exceptional restaurant opportunity is now available in one of the area's busiest and most desirable locations. This well-established restaurant has been family-owned and operated since 2001 and has developed a loyal customer following over the years. Its convenient location near shopping, hotels, and colleges provides strong visibility and access to a broad customer base. Dining area seating for approximately 90 guests. Parking for more than 40 vehicles. Extremely clean and well-maintained premises. Fresh interior finishes. Established operations with a strong history. Loyal customer following. Family ownership since 2001. This is an appealing opportunity for an owner-operator, restaurateur, or investor seeking an established business in a high-demand location. SCHEDULE THROUGH LISTING OFFICE: 517-467-3003 or 517-206-4474.
Recently updated inside and out, this versatile commercial property offers 2,100+ square feet, including 3+ garage bays, a full bathroom, and ample office space. The newly renovated lean-to provides additional storage and utility. All situated on a large commercial lot with a brand-new parking lot, providing plenty of space for employees, customers, equipment, and vehicles.
Welcome to 227 Riverside Ave, Adrian, MI! This unique commercial property offers an exceptional combination of renovated space, modern infrastructure, ample parking, and additional land for future development. The lower level has been extensively renovated within the last few years and was previously utilized as men's mission housing, offering a flexible layout with a variety of potential future uses. The property features two newer furnaces and central air units, a full sprinkler system, surveillance system, two grinder pumps, and fire-resistant construction throughout. The building is ADA compliant, providing accessibility and flexibility for a variety of commercial, office, residential-support, institutional, or community-oriented uses, subject to applicable zoning and approvals. The upper level provides a welcoming lobby, multiple offices, a conference room, and abundant storage, making it well suited for an organization, professional office, nonprofit, or business needing a combination of administrative and functional space. One of the property's standout features is the additional 1.6 acres of adjoining vacant land included with the purchase. A water line is already coming in from Grand Street, providing valuable infrastructure for potential future development of the additional lot. With plenty of on-site parking, substantial building improvements, extensive safety features, accessibility, and additional acreage, 227 Riverside Ave presents an opportunity to acquire a property with both immediate functionality and long-term potential in Adrian. Bring your vision and explore the possibilities this property has to offer!
Unit is 60x44. Private Bathroom in unit. Gas, Electric, and Internet are Tenants responsibility. Water and Trash included. Wall A/C unit. New Flooring and Paint throughout. Minimum 3 year lease. Security Deposit is 1 months rent. No parking on back lot.
Courtesy: Foundation Realty, LLC
Sarah Ford
NEW COMMERCIAL OPPORTUNITY! This solid 8,500+ square foot commercial building sits on 1.34 acres in a prime, high-visibility location with an average of 10,000"“14,000 vehicles passing daily. With ample space and endless possibilities, this property offers an excellent opportunity for an owner-user, investor, or entrepreneur looking to bring their vision to life. Explore a variety of potential uses and take advantage of flexible purchase options, including possible land contract terms and lease opportunity.
Courtesy: Foundation Realty, LLC
Sarah Ford
NEW COMMERCIAL OPPORTUNITY! This solid 8,500+ square foot commercial building sits on 1.34 acres in a prime, high-visibility location with an average of 10,000"“14,000 vehicles passing daily. With ample space and endless possibilities, this property offers an excellent opportunity for a you to grow your current business with additional space or maybe start that business you've always dreamed of.
NEW COMMERCIAL OPPORTUNITY! This solid 8,500+ square foot commercial building sits on 1.34 acres in a prime, high-visibility location with an average of 10,00014,000 vehicles passing daily. With ample space and endless possibilities, this property offers an excellent opportunity for an owner-user, investor, or entrepreneur looking to bring their vision to life. Explore a variety of potential uses and take advantage of flexible purchase options, including possible land contract terms and lease opportunity.
NEW COMMERCIAL OPPORTUNITY! This solid 8,500+ square foot commercial building sits on 1.34 acres in a prime, high-visibility location with an average of 10,00014,000 vehicles passing daily. With ample space and endless possibilities, this property offers an excellent opportunity for a you to grow your current business with additional space or maybe start that business you've always dreamed of.
Acrisure is a leading American financial technology (fintech) company and one of the world's largest insurance brokers, headquartered in Grand Rapids, Michigan. One of the top 15 largest privately held insurance agencies in the U.S. Quality office building originally constructed for Kapnick Insurance Company in 1974. Building has two separate entrances for the main level and also a separate entrance for the basement area (Future use could be multi-tenant 2- or 3-unit building).
Courtesy: Howard Hanna Real Estate Services-Tecumseh
Patrick Hoffman
Great location for office or retail use. Main Street frontage, excellent exposure. 3,680 Sqft for lease zoned B-2 City of Adrian also for lease at $2,000 Per month Plus, taxes, Insurance, Maintenance and Utilities.
Forward Storage & Business Park in Adrian, MI offers a versatile industrial facility ideal for manufacturing, warehousing, logistics, storage and distribution operations. This unique property is one of the few in Michigan that allows for climate controlled drive-in vehicle and boat storage with its large bay doors and high ceilings. Conveniently located near M-52 and just minutes from downtown Adrian, the property provides excellent access to major routes and regional markets in Michigan and Ohio. Our available spaces range from 10,000 sq. ft. to 107,000 sq. ft., featuring 20-30 ft clear heights, six loading docks, four grade-level doors, and over 100 parking spaces. Recently renovated, the building includes modern office space, new HVAC systems, LED lighting, heavy power and enhanced fire suppression, ensuring a clean, functional, and secure environment for users. HIGHLIGHTS: * Property: Forward Storage & Business Park * Location: Adrian, Michigan * Property Type: Versatile industrial facility - 10,000-107,000SQFT Available Ideal Uses * Manufacturing * Warehousing * Logistics operations * Storage * Distribution Unique Features * One of the few properties in Michigan permitting climate-controlled drive-in vehicle and boat storage * Large bay doors for vehicle drive-in access * High ceiling clearance for large equipment and storage * Heavy Power Location Advantages * Convenient access to M-52 * Minutes from Adrian downtown * Strong regional access to Michigan and Ohio markets Available Space * Suites ranging from 10,000 SF to 107,000 SF * 20-30 ft clear heights Loading & Access * 4 loading docks * 1 grade-level doors Parking * 100+ parking spaces Building Improvements * Recently renovated * Modern office space * New HVAC systems * LED lighting * Heavy power capacity * Enhanced fire suppression system Overall Environment * Clean, functional, and secure industrial workspace suitable for a variety of users.
Courtesy: Howard Hanna Real Estate Services-Tecumseh
Patrick Hoffman
Great location for office or retail use. Main Street frontage, excellent exposure. 3,680 Sqft for lease zoned B-2 City of Adrian also for lease at $2,000 Per month Plus, taxes, Insurance, Maintenance and Utilities.
Former operating and turnkey Adult-Use Provisioning Center available for sale--license and real estate included. Located on a heavily traveled main thoroughfare with 50+ parking spaces and pylon signage for maximum brand exposure. The site has a high-end build-out; all that is missing is new branding and inventory. One (1) provisioning center and two (2) vacant units are included in the sale that can be rented out for additional income for a value-add. Tremendous synergy in the immediate marketplace with several national/regional tenants. Great opportunity to take advantage of the flourishing market near the Michigan and Ohio border.
Courtesy: The Wagley Group
Mark Boff
Fabulous restaurant with a loyal following is located in one of the busiest areas in town. It is close to shopping, hotels & colleges. Dining area seats approximately 90 customers, parking for more than 40 vehicles. Due to the nature of the business, showings will be scheduled prior to opening. Realtor: Mark F Boff, Cell: 717.951.7541. Email: [email protected]. Website: TheWagleyGroup.com. Broker: The Wagley Group 121 N Main St. Adrian, MI 49221. Phone: 517-265-6000, Fax: 517-265-6001.
Excellent investment opportunity in the heart of downtown Adrian. This three-unit commercial building offers strong visibility, versatile layouts, and solid income potential. Each unit features large front windows, private entrances, and modern updates, making it ideal for retail, office, or service-based tenants.
This building was built in 1911 for Adrian's hospital. The east wing was added in 1965. When the hospital moved to Riverside Avenue, the Charlotte Stephenson Home for seniors was established and later the current owners operated the CQC senior living center in this building. The seller hopes this property can be redeveloped into any number of uses from loft/apartment style living to a cultural/arts facility/non-profit use; or another use that would compliment our city and this area.
Courtesy: Foundation Realty, LLC
Margarette Gritzmaker
Prime industrial 30 acres of I-2 zoned undeveloped land with direct rail access. Located within the City limits of Adrian, Michigan. Class A road. Frontage on W. Beecher Rd. and Sand Creek Highway. Located in the Overlay Zone Marihuana 2 (West). Please see attachments from City of Adrian's Zoning documents for I-1 Light Industrial District; I-2 General Industrial District and Overlay Zone Marihuana 2 (West) (OZM) for allowable uses. Owner may be willing to split property.
Great property on highly visible with many updates in the green zone on 1+ acre.
Adrian is located in Michigan. Adrian, Michigan has a population of 20,674. Adrian is less family-centric than the surrounding county with 22.69% of the households containing married families with children. The county average for households married with children is 28.03%.
The median household income in Adrian, Michigan is $36,472. The median household income for the surrounding county is $60,656 compared to the national median of $69,021. The median age of people living in Adrian is 34.8 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 34.7 inches per year, with 31.4 inches of snow per year.
