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Mixed-Use Building with Retail
New
For Sale
$230,000

114 E Maumee Street, Adrian, MI 49221

COM/IND/BUS OPP, Adrian, MI

Property Size4,095 SF
Lot Size0.30 Acres
Price / SF$56.17
Days on Market2

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

Additional Details

Tenant in Place Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5083

Utilities

Heating system Electric (Heating), Forced Air
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: Oct 29 Last Checked: Oct 30 at 3:06AM
MLS# 50226317

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.

Rey
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Investment Insights

Based on property information with market context.

At 114 E Maumee Street in Adrian, this mixed-use property contains 4,095 square feet on a 0.3-acre lot. The building includes a retail store and three residential units, with long-term tenants in place.

Building systems include forced-air electric heat and a combination of central air and wall/window units. The property has a flat roof and public water service.

Key Highlights

  • 4,095‑square‑foot mixed‑use property on 0.3 acres
  • Retail store plus 3 residential units
  • Long‑term tenants in place

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

862
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 86% Dining 14%
Dollar Tree Shops & Services
11,123 visits/mo 0.4 miles
Huntington Bank Shops & Services
8,586 visits/mo 0.2 miles
SUBWAY Dining
3,413 visits/mo 0.4 miles
Napa Auto Parts Shops & Services
1,003 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines a street-level shop with three residential units and established tenants.
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 $230,000.
What are key features of this property?
This property features: 4,095‑square‑foot mixed‑use property on 0.3 acres; Retail store plus 3 residential units; Long‑term tenants in place
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