$1,950,000
$2,250,000
13.3%For more information regarding the value of a property, please contact us for a free consultation.
109 E Maumee Street 101-111 E Maumee St Adrian, MI 49221
21,218 SqFt
Key Details
Sold Price $1,950,000
Property Type Commercial
Sub Type Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 21,218 sqft
Price per Sqft $91
MLS Listing ID 56050131757
Sold Date 07/12/24
Originating Board Lenawee County Association of REALTORS®
Year Built 2017
Annual Tax Amount $20,082
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 80x100
Property Description
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.
Location
State MI
County Lenawee
Area Adrian
Zoning Commercial
Interior
Hot Water Electric
Heating Forced Air, Central Air
Heat Source Electric, Natural Gas
Exterior
Exterior Feature Fenced
Utilities Available Elevator, 3 Phase Power, Smoke Alarm
Waterfront no
Accessibility Disabled Access
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 4-10 Story
Structure Type Brick
Schools
School District Adrian
Others
Tax ID XA0-100-0169-99 + below
Ownership Corporate/Relocation,Short Sale - No
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Full Service
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Bought with AMK Properties