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Downtown Mixed-Use Building
For Sale
$265,000

114 E Maumee Street, Adrian, MI 49221

COM/IND/BUS OPP, Adrian, MI

Property Size4,095 SF
Lot Size0.30 Acres
Price / SF$64.71
Days on Market177

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: Sep 2 Last Checked: Sep 10 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.

This mixed-use building contains 4,095 square feet with three residential units and a retail store. The property includes established long-term tenants across its residential and retail components, providing an existing income-producing configuration. Built in 1900, the building has a flat roof and public water service.

Heating is provided by electric and forced-air systems, while cooling includes central air and wall or window units. The property occupies 0.3 acres at 114 E Maumee Street in Adrian, Michigan, placing the mixed-use asset within the city’s downtown setting.

Key Highlights

  • Three residential units plus a retail store
  • 4,095‑square‑foot mixed‑use building
  • Long‑term tenants in place

Property Analytics

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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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Mixed-use property - Mixed-use property combining residential units with an occupied retail component in 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 plus a retail store; 4,095‑square‑foot mixed‑use building; Long‑term tenants in place
More about this property
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