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$ 499,000
Est. payment /mo
Active
227 Riverside AVE Adrian, MI 49221
6,900 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,900 sqft
Price per Sqft $72
MLS Listing ID 56050222533
Year Built 1975
Lot Size 2.350 Acres
Acres 2.35
Property Description
Welcome to 227 Riverside Ave, Adrian, MI! This unique commercial property offers an exceptional combination of renovated space, modern infrastructure, ample parking, and additional land for future development. The lower level has been extensively renovated within the last few years and was previously utilized as men's mission housing, offering a flexible layout with a variety of potential future uses. The property features two newer furnaces and central air units, a full sprinkler system, surveillance system, two grinder pumps, and fire-resistant construction throughout. The building is ADA compliant, providing accessibility and flexibility for a variety of commercial, office, residential-support, institutional, or community-oriented uses, subject to applicable zoning and approvals. The upper level provides a welcoming lobby, multiple offices, a conference room, and abundant storage, making it well suited for an organization, professional office, nonprofit, or business needing a combination of administrative and functional space. One of the property's standout features is the additional 1.6 acres of adjoining vacant land included with the purchase. A water line is already coming in from Grand Street, providing valuable infrastructure for potential future development of the additional lot. With plenty of on-site parking, substantial building improvements, extensive safety features, accessibility, and additional acreage, 227 Riverside Ave presents an opportunity to acquire a property with both immediate functionality and long-term potential in Adrian. Bring your vision and explore the possibilities this property has to offer!
Location
State MI
County Lenawee
Area Area13092Adrian
Interior
Heating Forced Air, Natural Gas
Cooling Ceiling Fans, Central Air, Other
Fireplace No
Exterior
Parking Features Other
Utilities Available NaturalGasConnected
View Y/N No
Building
Foundation Basement
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Adrian
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Kasey White of Foundation Realty, LLC
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