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-- Baths-- Sq 1,976

Monthly Estimate*

$ 1,539

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Commercial Property for sale in Adrian, MI

for $250,000. This 1,976 square foot 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

Property Type

Commercial

Taxes

$ 6,075

Style

Business

Lot Size

0.56

Year Built

1920

Town/City

Adrian

County/Region

Lenawee

MLS | Web ID

70520580

Features
General
Heating Forced Air
Status Active Active
Year Built 1920
County Lenawee
Class COM/IND/BUS OPP
Type Business
Municipality Adrian
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Adrian (46025)
Primary City Adrian
City Adrian
Financial Terms Cash Conventional
Legal Description LOT 119 EX 62.8 FT ORIGINAL PLAT
DOM 2
Postal Code 49221
Price Per Sq Ft Total AG 126.52
Public Remarks 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
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Exterior
Exterior Frame Wood
Frontage 66
Lot Size Area 0.56
Lot Dimensions 66x185
Roads Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Jameson Reed

Listing Agent

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
760529 Elementary School
760235 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 1,976 sqft and a lot size of 0.56. 146 Toledo Street was built in 1920. The property's zip code is 49221 which is in Adrian, MI