251 W Church Street, Adrian, MI 49221

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List Price
$344,900
Status
ACTIVE
Days on Market
1
MLS#
50227273
Subtype
Commercial Sale
Year Built
1948
Lot Size
63,162
Acres
1.45
Subdivision
Adrian City

Property Description

MULTI-USE INCOME PRODUCING COMMERCIAL PROPERTY Discover the possibilities with this versatile, income-generating commercial property located in downtown Adrian, Michigan. Offering approximately three separate spaces under one roof, this property provides an excellent opportunity for investors OR business owners. Originally built in 1948, this solid masonry construction building offers a variety of uses and multiple income-producing opportunities. SPACE #1 – CURRENTLY RENTED CHIROPRACTIC OFFICE Featuring a welcoming waiting and reception area along with multiple exam and treatment offices. This established rental space offers immediate income potential. SPACE #2 – TWO-BEDROOM APARTMENT A 2-bedroom, 1-bath apartment, new in 2021. Complete with its own separate furnace, air conditioning, and utilities, providing comfortable, independent living and an additional income opportunity. SPACE #3 – LARGE COMMERCIAL OFFICE / STORAGE SPACE Versatile office space featuring its own entry and reception area, conference room, large open work area, and additional storage. A large delivery door provides convenient access for deliveries, inventory, equipment, or business operations. ADDITIONAL PROPERTY FEATURES: 1.45 acres of property Asphalt parking lot Gated rear entrance with gravel parking and access Ample space for commercial deliveries and vehicle turnaround Five on-site storage containers for additional storage APX. 4300 TOTAL SQ.FT. Duroplast 50-year roof Whether you're looking for an investment property, a location for your own business, additional rental income, or a combination of all three, this property offers outstanding flexibility and opportunity.

Additional Information

Heating
Forced Air
Air Conditioning
Central Air

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Listing courtesy of Listing Agent: Lorraine M Morgan from Listing Office: Heart O' The Hills Realty.

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