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Mixed-Use Building with Retail
For Sale
$265,000

114 E Maumee Street, Adrian, MI 49221

Three residential units accompany a storefront occupied by long-term tenants in downtown Adrian.

Property Size4,095 SF
Days on Market8

Property Features for 114 E Maumee Street

General Information

Standard status Active
Size 4,095 SF
Property subtype Commercial
Zoning Commercial

Building Details

Building Size 4,095 SF
Year Built 1900
Buildings 1
Tenancy Multi
Listing Agency: Foundation Realty, LLC
Listed By: Mark Baker · License #6502138749
Source: Thebrokeragehouse
Added: Aug 23 Changed: Aug 29 Last Checked: Aug 29 at 8:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Foundation Realty, LLC

Investment Insights

Based on property information with market context.

This mixed-use property combines three residential units with a retail storefront in a single building. The structure dates to 1900 and has been maintained, while the existing tenant mix includes long-term occupants across the residential and retail components.

Situated at 114 E Maumee Street in downtown Adrian, the property offers both residential and commercial space within the city’s downtown setting. Commercial zoning supports the property’s mixed-use configuration.

Key Highlights

  • Three residential units within the property
  • Retail storefront included in the building
  • Long‑term tenants occupy the residential and retail components

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?
Mixed-use property - Three residential units accompany a storefront occupied by long-term tenants in downtown Adrian.
Where is this mixed-use property 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 within the property; Retail storefront included in the building; Long‑term tenants occupy the residential and retail components
More about this property
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