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    Adrian, MI
    Hospital

    Adrian, MI Hospitals 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
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    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    1 active listing matches your search: Hospital for sale in Adrian, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    Specialty Healthcare Building
    Specialty Healthcare Building

    6902 Chicago Rd, Warren, MI 48092

    Contact for pricing
    70,486 sqft 6.09 AC lot

    Two-story facility with institutional amenities, on-site utilities, elevators, and outdoor recreation improvements.

    View details
    Hospital Property with Apartment
    Hospital Property with Apartment

    4946 Page Avenue, Michigan Center, MI 49254

    $274,900
    6,056 sqft 2.63 AC lot

    Multiple clinical rooms, kennel space, and a separate three-bedroom apartment are included.

    View details
    Former St. John Hospital Building
    Former St. John Hospital Building

    26755 Ballard St, Harrison Township, MI 48045

    Contact for pricing
    106,518 sqft

    106,518 SF former hospital suitable for various uses.

    View details
    Freestanding Hospital Building
    Freestanding Hospital Building

    40696 Garfield Rd, Clinton Township, MI 48038

    Contact for pricing
    3,952 sqft

    B-2 zoning and prior veterinary hospital use support a healthcare-oriented property profile.

    View details

    Adrian, MI Hospitals Market Trends and Statistics

    Explore 1 hospitals 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 hospitals 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

    Senior Housing / Retirement Homes 2
    Hospitals 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)

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    Popular Searches in Adrian, MI

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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
    Goedert Real Estate
    1324 N. Adrian hwy Adrian, MI 49221
    Phone: (517) 403-1603
    www.Goedertrealestate.com
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