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    Adrian, MI
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    Adrian, MI Healthcare Properties for Sale

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    Senior Housing Building with Added Wing
    Updated: Nov 24, 2025
    Senior Housing Building with Added Wing

    120 N Locust Street, Adrian, MI 49221

    $140,000
    23,975 sqft 1.34 AC lot
    23,975‑square‑foot building on 1.34 acres
    Main structure built in 1911
    East wing added in 1965
    Previously operated as a senior living center
    Parking lot and public water service
    View details
    See hot listings in Adrian

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Adrian, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Medical Office Space with Equipment
    Medical Office Space with Equipment

    140 S Industrial Dr, Saline, MI 48176

    $999,999
    5,250 sqft

    Two suites are offered together with medical equipment, furnishings, and select kitchen appliances.

    View details
    Two-Unit Medical Office
    Two-Unit Medical Office

    142 S Industrial Dr, Saline, MI 48176

    $999,999
    5,250 sqft

    The sale includes clinical equipment, furnishings, and fixtures; the operating business and computers are excluded.

    View details
    Mixed-Use Building with Salon
    Mixed-Use Building with Salon

    409 N Evans Street, Tecumseh, MI 49286

    $249,900
    2,344 sqft 0.36 AC lot

    Commercial space with a salon below and a two-bedroom apartment above.

    View details
    73-Bed Medical Office Property
    73-Bed Medical Office Property

    500 E Pottawatamie St, Tecumseh, MI 49286

    Contact for pricing
    188,179 sqft

    Renovated healthcare facility with parking and furniture and medical equipment available upon request.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    C-2 Commercial Land
    C-2 Commercial Land

    4587 N Adrian Highway, Adrian, MI 49221

    $125,000
    2.10 AC lot

    Mostly cleared, level parcel with public water and sewer service.

    View details
    Commercial Land with Four Splits
    Commercial Land with Four Splits

    M-52, Manchester, MI 48158

    $399,000
    4.50 AC lot

    Commercially zoned acreage is perk-tested and ready for construction.

    View details

    Adrian, MI Healthcare Properties Market Trends and Statistics

    Explore 1 healthcare properties for sale in Adrian, MI on our real estate platform. These investment opportunities span a total of 23,975 square feet of properties for sale, with an estimated market value of $140,000.

    Sale prices for medical real estate in Adrian, MI average $140,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hospitals 1
    Senior Housing / Retirement Homes 1
    Spa & wellness properties 1

    Demographics Overview

    Population 41K
    Population Growth (5Y) +1.1%
    Median Household Income $57,316
    College Educated 31.7%

    High-Yield Neighborhoods for Investment

    Identify Adrian submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49221 $140K

    Taxes & Financing

    Tax Rate (average for all types) 4.56%
    Property Tax per SF $84.73 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lenawee County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Adrian, MI

    • 49221

    Featured Adrian Real Estate Agencies

    Realmo connects you with licensed Adrian CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Foundation Realty
    3282 N Adrian Hwy Adrian, MI 49221
    Phone: (517) 266-8888
    foundationlenawee.com
    The Wagley Group
    245 N. Winter St. Adrian, MI 49221
    Phone: (517) 265-6000
    www.JoeSells.com
    DJW Realty, LLC
    4763 Holloway Road Adrian, MI
    Phone: (972) 510-2267
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