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109 E Maumee Adrian, MI $ 2,250,000
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$ 2,250,000 Get more info
109 E Maumee
$ 2,250,000
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109 E Maumee

Adrian, MI, 49221
$ 2,250,000
Baths0.0 Sq 21,218

Monthly Estimate*

$ 14,954

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Studio

Commercial Property for sale in Adrian, MI

for $2,250,000. This 21,218 square foot building was built in 2017 on a lot size of 0.22.

Renovated 21-Unit Downtown building in Adrian Michigan for sale! This 1850's era building was rehabbed in 2017 while preserving the historic facade. The commercial spaces built out between 2017 & 2022. The building has 14-one bedroom apartments, 2-two bedroom & 1 three bedroom apartment and four commercial store fronts occupy the main level. The building is 100% leased. A recent appraisal supports the list price. All financial documents are available for review to qualified buyers.

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Commercial Pending

Price

$ 2,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 20,083

Style

Lot Size

0.22

Year Built

2017

Town/City

Adrian

County/Region

Lenawee

MLS | Web ID

56050131757
Features
Interior
Heating Fuel Electric Natural Gas
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air Central Air
Rent Includes Sewer Snow Removal Other Trash Collection (Garbage Pickup) Water
Exterior Features Fenced
Zoning Commercial
Year Built 2017
Property Type Commercial
Accessibility Features Disabled Access
Transaction Type Sale
Status Pending
Short Sale No
Construction Materials Brick
Cumulative Days on Market 62
MLS Area Adrian
City Adrian
Terms Offered Cash Conventional Other
School District Adrian
Land Contract 0
Ownership Status Corporate/Relocation Short Sale - No
Street Name Maumee
Assessment 2450.00 and Special Assessment
Total Sq Ft 21218
DOM 62
Taxes 20082.0000
Legal Description E 9.62 FT OF S 63 FT LOT 28 & W 11.6 FT OF S 73 FT LOT 29 ALSO BEG 11.63 FT E OF SW COR SD LOT TH N 127.33 FT TH E 7.35 FT TH N 20.17 FT TH E .5 FT TH N 1 FT TH E 7.27 FT TH S 148.6 FT TH W 15.12 FT
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Exterior
Waterfront 0
Waterfront Name none
Lot Size Area 0.22
Water Source Public (Municipal)
Foundation Slab
Lot Size Dimensions 80x100
Architecture Level 4-10 Story
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Internal Only
Originating MLS Lenawee County Association of REALTORS®
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* Excluded Features
List By
Jeffrey L Rising

Listing Agent

Re/Max Main Street Realty

Broker

(517) 605-1286

Phone

Affordability Calculator

$16,628
Per Month
90%
10%
0%
Monthly Principal & Interest
$14,954
Monthly Property Taxes
$1,674
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848781 Elementary School
848138 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/19/2024$2,250,000 Listed Price

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109 E Maumee, Adrian, MI, 49221 is a Commercial Property for sale at $2,250,000 with 21,218 sqft and a lot size of 0.22. 109 E Maumee is a studio with 0.0 baths and was built in 2017. The property's zip code is 49221 which is in Adrian, MI

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