146 Toledo Street Adrian, MI $ 250,000
146 Toledo Street
$ 250,000
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146 Toledo Street

Adrian, MI, 49221
$ 250,000
Bedrooms-- Baths2.0

Monthly Estimate*

$ 1,539

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Commercial Property for sale in Adrian, MI

for $250,000 with 2 full baths. This building was built in 1920 on a lot size of 0.56.

Step into opportunity with this one of a kind commercial property in the heart of downtown Adrian's vibrant DARA district. . The property features a rare and valuable asset to downtown, its own private parking lot with 8 spaces. Inside the main floor was completely re imagined in 2023 with a distinctive black metal ceiling. Tthe space has been fully gutted and rebuilt with a new electrical paneling wiring, updated duct work, spray foam insulated exterior walls and new flooring throughout the main level and stairways. New air conditioning main level in 2023. the upper level was remodeled in 2017 previously use as an apartment with previous infastructure still in place, convert back into apartment for additional income. Updates include all new electrical, new furnace, updated duct work, air conditioning lower level furnace 2017, new exterior doors water heater. This property offers the perfect blend of historic charm, modern systems, income potential making this a great opportunity.

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Commercial Active

Price

$ 250,000

Full Bath

2

Property Type

Commercial

Taxes

$ 6,075

Style

Business

Lot Size

0.56

Year Built

1920

Town/City

Adrian

County/Region

Lenawee

MLS | Web ID

26010893

Features
Interior
Interior Amenities Broadband
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 2
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General
Heating Forced Air
Cooling Central Air
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Phone Connected Natural Gas Connected Electricity Connected Cable Connected
Exclusions all equipment being used by the current business
Year Built 1920
Township Adrian City
Property Subtype Business
Tax Year 2025
Ownership Private Owned
Business Type Professional/Office
County Lenawee
New Construction N
Property Type Commercial Sale
Full Baths 2
Status Active
City Adrian
High School District Adrian
Number Of Units Total 1
Lot Size Units Acres
Lot Size Square Feet 24394.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 6075.58
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 87800
Ownership Type Proprietorship
Legal Description LOT 119 EX 62.8 FT ORIGINAL PLAT
Senior Community None
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Exterior
Inclusions Non-Applicable
Lot Size Area 0.56
Number of Buildings 1
Spa N
Building Area Total 1976.0
Lot Dimensions 66x185
Lot Size Acres 0.56
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 1 146
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* Excluded Features
List By
Xsell Realty

Broker

jreed@xsellrealty.net

Email

Affordability Calculator

$2,046
Per Month
75%
25%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$506
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3296957 Elementary School
3296955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2026$250,000 Listed Price

Map


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146 Toledo Street, Adrian, MI, 49221 is a Commercial Property for sale at $250,000 with a lot size of 0.56. 146 Toledo Street has 2.0 baths and was built in 1920. The property's zip code is 49221 which is in Adrian, MI