407 Mill Road Adrian, MI ^$ 159,000

407 Mill Road

^$ 159,000

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407 Mill Road

Adrian, MI, 49221

^$ 159,000

Studio Baths0.0 Sq 1,210

Monthly Estimate*

^$ 1,111

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Studio

Commercial Property for sale in Adrian, MI

for $159,000. This 1,210 square foot building was built in 1961 on a lot size of 0.28.

Move your business right into this high traffic location off N Main Street/M-52 in Adrian, right next to The Spotted Cow. Conveniently located near plazas, restaurants and the new ProMedica Hospital. Building for sale only. Zoned B-2 and is currently being used as a medical office. This building is handicap accessible and offers a reception area, 2 office spaces, kitchenette area, 2 bathrooms and an upstairs that is waiting for your creativity to put to use! New roof 2023!

Commercial Active

Price

^$ 159,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,809

Style

Commercial/Industrial

Lot Size

0.28

Year Built

1961

Town/City

Adrian

County/Region

Lenawee

MLS | Web ID

70259777

Features

General

Heating Forced Air

Possession Negotiable (Possession)

Water Public Water Public Water at Street

Status Active Active

Year Built 1961

Parking 6-10 Spaces

County Lenawee

Class COM/IND/BUS OPP

Type Commercial/Industrial

Municipality Adrian

Subdivision MI

Commercial Features Cable Internet Installed Cable TV Available Electric Available Gas Available Telephone

Area Adrian (46025)

Primary City Adrian

Directions Off N Main Street between Curtis and Albert

City Adrian

Street Name Mill

Financial Terms Cash Conventional

Legal Description BEG IN CL MILL ST 392.26FT S 2^00'E&328.87 FT N 73^25'W FR NE CORN SEC 35 T65 R3E TH N 73^25'W 65FT TH N 16^29'E 206.51

DOM 722

Postal Code 49221

Price Per Sq Ft 131.4

Coming Soon Move your business right into this high traffic location off N Main Street/M-52 in Adrian right next to The Spotted Cow. Conveniently located near plazas

Exterior

Exterior Brick Frame Wood

Frontage 65

Lot Size Area 0.28

Lot Dimensions 65x191.57 ft

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

ALEX PERLOS

Listing Agent

Era Reardon Realty, L.L.C.

Broker

aperlos@hotmail.com

Affordability Calculator

$1,428

Per Month

Monthly Principal & Interest: $1,111
Monthly Property Taxes: $317
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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!

Nearby

Trends
Schools

Commerical listings in Adrian, MI

Average List Price ^$361,646

Percent of Sale Price 127%

About Adrian, MI

20,445 Population

-8% Since 2002

^$35,556 Median Income

34.32 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/27/2023	$159,000	-6.47%	Price Down
6/25/2022	$170,000	-5.56%	Price Down
5/9/2022	$180,000		Listed Price

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407 Mill Road, Adrian, MI, 49221 is a Commercial Property for sale at $159,000 with 1,210 sqft and a lot size of 0.28. 407 Mill Road is a studio with 0.0 baths and was built in 1961. The property's zip code is 49221 which is in Adrian, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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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407 Mill Road

Commercial Property for sale in Adrian, MI

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