Industrial

Addison, MI Industrial Properties for Sale

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Addison Mill Pond Development Opportunity
Updated: Mar 11
Addison Mill Pond Development Opportunity

427 N STEER St, Addison, MI 49220

$600,000
12,235 sqft 7.20 AC lot
7.20 acre property with approximately 875' of frontage on Addison Mill Pond
Includes a 12,235 sq ft former Addison Bariatric Hospital
Additional 1,800 sq ft building currently leased for $2,000.00 per month
Development potential for multi‑family, senior housing, self‑storage, and other uses
Hospital has a 500 kilowatt transformer with 3 Phase power and 208 volts
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Addison Mill Pond Development Opportunity
Updated: Mar 10, 2024
Addison Mill Pond Development Opportunity

427 N STEER, Addison, MI 49220

$600,000
12,235 sqft 7.20 AC lot
Large 7.20 acre property with 875' frontage on Addison Mill Pond.
Includes a 12,235 sq ft former Addison Bariatric Hospital and an additional 1,800 sq ft building.
Development potential for multi‑family, senior housing, self‑storage, and other uses.
Equipped with a 500 kilowatt transformer, 3 Phase power, and 208 volts.
Updated with 4 new furnaces in 2023 and new gas piping.
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7.20 Acre Development Opportunity
7.20 Acre Development Opportunity

427 N Steer St, Addison, MI 49220

$600,000
14,035 sqft 7.20 AC lot

7.20 acre property with frontage on Addison Mill Pond.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 3 Active listings in Addison, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 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.

Clarklake Commercial Facility For Sale
Clarklake Commercial Facility For Sale

9486 S Meridian Rd, Clarklake, MI 49234

$595,000
4,656 sqft

High-visibility commercial facility with office and shop space.

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Industrial Facility with Office & Shop
Industrial Facility with Office & Shop

9486 S Meridian Road, Clarklake, MI 49234

$595,000
4,656 sqft 2.42 AC lot

High-visibility industrial zoned facility with heated shop, office buildout, overhead doors, and heavy-duty floor.

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Flex Building with Multiple Warehouse Doors
Flex Building with Multiple Warehouse Doors

10405 Brooklyn Road, Brooklyn, MI 49230

$475,000
128,800 sqft 2.20 AC lot

Former Ford dealership with sectionable interior and rear 12–16-foot doors for vehicle entry or warehouse storage.

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Flex Warehouse with Vehicle Doors
Flex Warehouse with Vehicle Doors

10405, Brooklyn, MI 49230

$475,000

Former Ford dealership with about 13,000 square feet and multiple 12–16 foot doors for storage or vehicle entry.

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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.

Prime Commercial Land on I-127
Prime Commercial Land on I-127

5472 S Meridian Road, Jackson, MI 49201

$1,250,000
8.47 AC lot

8.47 acres with high visibility and multiple access points.

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Prime Commercial Land I-127 Frontage
Prime Commercial Land I-127 Frontage

5472 S Meridian Road, Jackson, MI 49201

$1,250,000
8.47 AC lot

8.47 acres with I-127 frontage, ideal for various businesses.

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Industrial Land with Road Frontage
Industrial Land with Road Frontage

3400 S Meridian Road, Jackson, MI 49203

$230,000
50.00 AC lot

Multi-zoned land with I-2 and agricultural components, offering development opportunities along two major road frontages.

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Industrial Land with Rail Access
Industrial Land with Rail Access

1851 W Beecher Road, Adrian, MI 49221

$1,500,000
30.00 AC lot

I-2 zoned undeveloped land in Adrian offers direct rail access and major road frontage for industrial development.

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Off-Market Properties in Addison, MI

Consider similar Off-Market properties in Addison, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

309 Steer St
INDUSTRIAL (GENERAL)

309 Steer St, Addison, MI 49220-9632

Value Estimation by Request
5,000 sqft 0.68 AC lot
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289 Steer St
INDUSTRIAL (GENERAL)

289 Steer St, Addison, MI 49220-9756

Value Estimation by Request
23.53 AC lot
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215 Talbot St
INDUSTRIAL (GENERAL)

215 Talbot St, Addison, MI 49220-1100

Value Estimation by Request
206,230 sqft 11.88 AC lot
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320 Steer St
INDUSTRIAL (GENERAL)

320 Steer St, Addison, MI 49220-9632

Value Estimation by Request
20,000 sqft 4.29 AC lot
View details
6100 Sorby Rd
INDUSTRIAL (GENERAL)

6100 Sorby Rd, Addison, MI 49220-9761

Value Estimation by Request
50.68 AC lot
View details

Addison, MI Industrial Properties Market Trends and Statistics

Explore 8 industrial properties for sale in Addison, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 38,505 square feet of properties for sale, with an estimated market value of $1,800,000.

Sale prices for industrial buildings in Addison, MI start at $600,000, averaging $600,000, and reaching up to $600,000 — 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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Demographics Overview

Population 2,468
Population Growth (5Y) +2.3%
Median Household Income $70,726
College Educated 29.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49220 $600K

Taxes & Financing

Tax Rate (average for all types) 3.35%
Property Tax per SF $77.51 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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