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120 North Locust Street Adrian, MI $ 140,000
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$ 140,000 Get more info
120 North Locust Street
$ 140,000
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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.

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Commercial Active

Price

$ 140,000

Property Type

Commercial

Taxes

$ 4,105

Style

RealEstateOnly

Lot Size

1.34

Year Built

1911

Town/City

Adrian

County/Region

Lenawee

MLS | Web ID

56050195016
Features
General
Sewer PublicSewer
Heating NaturalGas Steam Zoned
Cooling Other
Utilities NaturalGasConnected
Roof Composition TarGravel
Construction Materials Block Brick WoodSiding
Year Built 1911
Property Subtype RealEstateOnly
Community Features Curbs
County Lenawee
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name EASTERN ADD
Garage Y/N N
Building Features Curbs CeilingHeightLessthan16ft PublicRestRooms ReceptionArea ResidentialArea Sidewalks
Status Active
City AdrianCity_Lenawee
Body of Water None
Senior Community Y/N N
High School District Adrian
Zoning Description Residential
MLS Area Area13092Adrian
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4105.59
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
Standard Status Active
Tax Assessed Value 66700
Legal Description ALL THAT PART OF LOTS 29 30 31 32 33 40 41 42 43 & 44 PLAT OF EASTERN ADDITION TO CITY OF ADRIAN AND LOTS 1 & 9 BLK 6 ASSESSOR'S PLAT NO 2 CITY OF ADRIAN DESC AS COMM AT SE COR LOT 44 & RUNN
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Interior
Flooring Vinyl
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
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Exterior
Parking Features ParkingLot Other
Water Source Public
Foundation Details Basement CrawlSpace Slab
Spa N
Building Area Total 23975.0
Lot Dimensions 310x489x142x388
Lot Size Acres 1.34
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 120
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* Excluded Features
List By
Joseph Wagley

Listing Agent

The Wagley Group

Broker

(517) 403-6767

Phone

Affordability Calculator

$1,216
Per Month
72%
28%
0%
Monthly Principal & Interest
$873
Monthly Property Taxes
$342
Monthly 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
848781 Elementary School
848138 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/25/2025$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

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