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Triplex with Retail Store
For Sale
$265,000

114 E Maumee Street, Adrian, MI 49221

COMMERCIAL - Adrian, MI

Property Size4,095 SF
Lot Size0.30 Acres
Price / SF$64.71
Days on Market151

Property Features for 114 E Maumee Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Lot features Environ Audit P H2
Subdivision Adrian (46025)
Standard status Active
APN XA0-100-0251-00
Size 4,095 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5083

Utilities

Heating system Forced Air, Electric (Heating)
Cooling system Wall/Window Unit(s), Central Air
Water source Public

Building Details

Year built 1900
Roof type Flat
Listing Agency: Foundation Realty, LLC
Listed By: Mark Baker · License #6502138749
Added: Mar 18 Changed: Aug 4 Last Checked: Aug 15 at 6:06AM
MLS# 50201901

Copyright © 2026 Lenawee County Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Mixed-use triplex property featuring three residential units along with a retail store with long-term tenants. The building is described as well maintained and is set on a 0.3-acre lot.

The property is located at 114 E Maumee Street in Adrian, Michigan, in the downtown area. It offers a mix of income-generating residential and retail space, providing multiple ways for tenants and operations to support ongoing use.

Construction dates to 1900, with a flat roof. Heating is provided by forced air with electric heating. Cooling includes central air and wall/window unit(s). Public water serves the property.

Key Highlights

  • Three residential units plus retail store with long‑term tenants
  • 0.3‑acre lot
  • 4,095 SF total property size

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Locksmith Acupuncture Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

862
Businesses Nearby

Demographics for 49221, MI

41,315
Population
17,011
Households
2.4
Avg Household Size
39
Median Age
22%
College-Educated
88%
High-School Grad
119.9 sq mi
ZIP Area
345
Density / Sq Mi
$57,316
Median Household Income
$32,289
Median Earnings
$986
Median Rent
$158,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units plus a retail store with long-term tenants in a well-maintained mixed-use building.
Where is this triplex located?
The property is located at 114 E Maumee Street Adrian, MI.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Three residential units plus retail store with long‑term tenants; 0.3‑acre lot; 4,095 SF total property size
More about this property
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