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    824 Maumee St Adrian, MI 49221

    Sponsored
    For Sale
    $249,900

    Established Office Building, Ample Parking

    Property size:
    2,109 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 2,109-square-foot commercial property, located at 824 W Maumee in Adrian, Michigan, presents a remarkable business opportunity. Previously operating as a chiropractic office, this well-maintained building boasts significant versatility, suitable for a wide range of commercial uses. The property features attractive curb appeal, making it an ideal location for businesses seeking high visibility and accessibility. Ample parking is provided with 15 spaces, ensuring convenient access for clients and employees. Situated on a 0.27-acre lot, the building offers a substantial footprint for operations. The interior comprises 2,109 square feet of well-maintained office space, ready for immediate occupancy or customization to suit specific business needs. Its central Adrian location provides excellent access to local amenities and a strong customer base. This is a rare opportunity to acquire a well-established commercial property in a desirable location, offering both immediate usability and significant long-term potential. The asking price is $249,900. Don't miss this chance to secure a prime commercial space in the heart of Adrian. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers.

    Property Features for 824 Maumee St

    General Information

    Property type
    Investment properties
    Square Feet
    2,109 SF
    Lot Size
    11,761 SF
    Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Adrian
    County
    Lenawee
    State
    Michigan
    Longitude
    -84.05016
    Latitude
    41.89999

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    FAQs

    What type of property is this?
    Investment property - Established Office Building, Ample Parking
    Where is this investment property located?
    The property is located at 824 Maumee St Adrian, MI.
    What is the asking price?
    The asking price for this property is $249,900.
    (734) 475-9600
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    824 Maumee St Adrian, MI 49221
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    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
    824 Maumee St Adrian, MI 49221
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