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    148 S Winter St Adrian, MI 49221

    For Sale
    $399,900

    Commercial/Industrial - Adrian, MI

    Property size:
    16,722 SF
    Lot size:
    0.63 Acres
    Days on Market:
    101
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 148 S Winter St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    XA0 385 0004 00
    Interior features
    Bath, Beampost, Cable Internet Installed, Cable Tv Available, Carpet, Concrete Floor, Delivery Door, Display Window, Elevator(s), Overhead Doors, Private Restrooms, Showroom, Sidewalks, Telephone
    Accessibility
    Accessible Elevator Installed
    Size
    16,722 SF
    Lot size
    0.63 Acres

    Utilities

    Utilities
    Cable Available, Phone Available
    Heating system
    Forced Air
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1930
    Building materials
    Block, Brick
    Roof type
    Rubber
    Architectural style
    Other

    Goedert Real Estate (517) 403-1603 [email protected]

    Listing agent Mark Goedert (517) 265-9644 License #6502127023 & 6502127024

    Listing date Sep 2, 2025

    MLS# 50187067 Listing URL

    Copyright © 2025 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.

    Overview

    Downtown Corner Building with Parking

    Located on a corner lot in downtown Adrian, this two-story block and brick building offers over 16,000 square feet of space, complemented by a 7,000 square foot basement. The property is situated on a 0.63-acre lot and includes its own parking. The commercial zoning allows for a variety of uses, including retail, apartments, restaurants, or a bar. The property is located in Adrian, Michigan.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Adrian
    County
    Lenawee
    State
    Michigan
    Longitude
    -84.037107
    Latitude
    41.90018

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    FAQs

    What type of property is this?
    Retail space - Two-story commercial building with basement and on-site parking.
    Where is this retail space located?
    The property is located at 148 S Winter St Adrian, MI.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Prime corner location in downtown Adrian.; - Over 16,000 sq. ft. two-story building with additional 7,000 sq. ft. basement.; - On-site parking.
    (517) 265-9644
    Request Owner's contact information
    148 S Winter St Adrian, MI 49221
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    148 S Winter St Adrian, MI 49221
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