Senior Housing Building with Added
For Sale
$140,000
120 N Locust Street, Adrian, MI 49221
COM/IND/BUS OPP, Adrian, MI
Property Size23,975 SF
Lot Size1.34 Acres
Price / SF$5.84
Days on Market285
Property Features for 120 N Locust Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Residential
Parking features
Parking Lot
Subdivision
Eastern Add
Lot features
Residential Area
Standard status
Active
APN
XA0-515-0033-00
Size
23,975 SF
Lot size
1.34 Acres
Taxes and HOA fees
Tax Annual Amount
4106
Utilities
Heating system
Oil, Zoned
Water source
Public
Building Details
Year built
1911
Roof type
Tar/Gravel, Composition
Listing Agency:
The Wagley Group
(517) 265-6000
Listed By:
Joseph Wagley · License #6502349116&6502366
(517) 403-6767
Added: Nov 24, 2025
Changed: Sep 2
Last Checked: Sep 5 at 7:06AM
MLS# 50195016
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.
This 23,975-square-foot senior housing property occupies 1.34 acres and includes a main building constructed in 1911, along with an east wing added in 1965. The property previously served as a hospital and later operated as a senior living center, providing a substantial existing structure for continued senior housing or other redevelopment concepts described by the seller.
On-site features include a parking lot, public water service, zoned oil heating, and a composition and tar/gravel roof system. The building is located at 120 N Locust Street in Adrian, Michigan, within Lenawee County. Its documented institutional history and sizeable building area distinguish it from a typical residential property.
On-site features include a parking lot, public water service, zoned oil heating, and a composition and tar/gravel roof system. The building is located at 120 N Locust Street in Adrian, Michigan, within Lenawee County. Its documented institutional history and sizeable building area distinguish it from a typical residential property.
Key Highlights
- 23,975‑square‑foot building on 1.34 acres
- Main structure built in 1911
- East wing added in 1965
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
839
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Similar Off Market Nearby
- Adrian Senior Center — 327 Erie St, Adrian, MI 49221
- Daybreak Adult Day Services — 327 Erie St, Adrian, MI 49221
- Senior Helpers — 130 N Main St, Adrian, MI 49221
Frequently Asked Questions
What type of property is this?
Senior housing / Retirement Home - Former senior living facility with parking and public water service.
Where is this senior housing / retirement home located?
The property is located at 120 N Locust Street Adrian, MI.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 23,975‑square‑foot building on 1.34 acres; Main structure built in 1911; East wing added in 1965
