120 North Locust Street Adrian, MI ^$ 140,000

120 North Locust Street

^$ 140,000

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Recently Listed

120 North Locust Street

Adrian, MI, 49221

^$ 140,000

Bedrooms-- Baths-- Sq 23,975

Monthly Estimate*

^$ 873

120 North Locust Street, Adrian, MI 49221 - Image 1

120 North Locust Street, Adrian, MI 49221 - Image 2

120 North Locust Street, Adrian, MI 49221 - Image 3

120 North Locust Street, Adrian, MI 49221 - Image 4

Commercial Property for sale in Adrian, MI

for $140,000. This 23,975 square foot building was built in 1911 on a lot size of 1.34.

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.

Commercial Active

Price

^$ 140,000

Property Type

Commercial

Taxes

^$ 4,105

Style

Commercial/Industrial

Lot Size

1.34

Year Built

1911

Town/City

Adrian

County/Region

Lenawee

MLS | Web ID

50195016

Features

General

Heating Boiler Zoned Heating

Cooling HVAC

Roof Composite Tar/Gravel

Water Public Water

Status Active Active

Year Built 1911

Parking 21+ Spaces Parking Lot

Subdivision Eastern Add MI

Water Heater Gas

County Lenawee

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Adrian

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Commercial Features Handicap Elevator Public Restrooms Reception Area Sidewalks Vinyl/Laminate Floors

Area Adrian (46025)

Primary City Adrian

Location Residential Area

Directions E Maumee St East to North Locust Street; turn North. Property is right behind the Adrian Post Office

City Adrian

Financial Terms Cash Conventional

Legal Description ALL THAT PART OF LOTS 29 30 31 32 33 40 41 42 43

DOM 9

Postal Code 49221

Price Per Sq Ft Total AG 5.84

Public Remarks This building was built in 1911 for Adrian's hospital. The east wing was added in 1965. When the hospital moved to Riverside Avenue

Exterior

Exterior Block Brick Partial Masonry Wood

Frontage 310

Body of Water None

Lot Size Area 1.34

Lot Dimensions 310x489x142x388

Well/Septic Inspection Done No

Water Features None

Roads Curbed Paved Street

Waterfront Y/N No

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

Joseph Wagley

Listing Agent

The Wagley Group

Broker

JOE@THEWAGLEYGROUP.COM

Affordability Calculator

$1,216

Per Month

Monthly Principal & Interest: $873
Monthly Property Taxes: $342
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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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Nearby

Trends
Schools

Commerical listings in Adrian, MI

Average List Price ^$307,548

Percent of Sale Price 120%

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
11/24/2025	$140,000		Listed Price

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120 North Locust Street, Adrian, MI, 49221 is a Commercial Property for sale at $140,000 with 23,975 sqft and a lot size of 1.34. 120 North Locust Street was built in 1911. 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 6.375% 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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120 North Locust Street

Commercial Property for sale in Adrian, MI

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