MLS Public Remarks Renovated 21-Unit Downtown building in Adrian Michigan for sale! This 1850's era building was rehabbed in 2017 while preserving the historic facade. The commercial spaces built out between 2017 & 2022. The building has 14-one bedroom apartments, 2-two bedroom & 1 three bedroom apartment and four commercial store fronts occupy the main level. The building is 100% leased. A recent appraisal supports the list price. All financial documents are available for review to qualified buyers.
http://www.www.johnstoneandjohnstone.com.com/56050131757
Fin Below Grd SqFt 0
Total Fin SqFt 0
Price/SqFt $106
Unfinished SqFt 0
Above Grade Finished SqFt 21,218
CDOM 62
Sub Property Type Commercial
Year Built 2017
Days on Market 62
Land Assessment -
Improvements $2250000
Net Taxes $20082
Acreage 0.22
Taxes -
Tax Year -
Summer Taxes $13379
School District Adrian
Winter Taxes $6704
Lower Level Square Footage 0
Waterview N
Waterfront N
For Lease/Rent N
Est. Total Acres 0.22
Lot Dimensions 80x100
WaterFrontage
0
Heating Central Air, Electric, Forced Air, Natural Gas
Water Public (Municipal)
Zoning Commercial
Body of Water None
Heating Central Air, Electric, Forced Air, Natural Gas
Garage 0.0
Architecture 4-10 Story
Sewer Public Sewer (Sewer-Sanitary)
Exterior Features Fenced
Exterior Materials Brick
Status Change Date 03/20/2024
Listing Date 01/18/2024
Internet/IDX Y
Pending Date 03/20/2024
Listing Office
Re/Max Main Street Realty
Office Address
105 E. Maumee St.
Listing Number
56050131757
THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Wednesday, May 15, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
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