120 North Locust St Adrian, MI 49221

Building Details

Year Built

1911

Listing agency The Wagley Group J**@thewagleygroup.com Show Phone

Listed by Joseph Wagley · License #6502349116&6502366 Show Phone

Source Elliman

Added: Mar 11 Updated: Jul 10 at 3:49PM Checked: Jul 21 at 9:03AM

Report an Issue

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 The Wagley Group

---

Investment Insights

Based on property information with market context.

Originally constructed in 1911 as a hospital, with an east wing addition in 1965, this property has a rich history of serving the community. Following the hospital's relocation, it was repurposed as the Charlotte Stephenson Home for seniors and later operated as a senior living center. The property presents a redevelopment opportunity for various uses, including loft or apartment-style living, a cultural or arts facility, or a non-profit organization. The seller hopes the property can be redeveloped into a use that would compliment the city and area.

Key Highlights

• Redevelopment potential for various uses such as loft/apartments, cultural/arts facility, or non‑profit.
• Historic building originally constructed in 1911.
• Suitable for uses that complement the city and area.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $179,900

  1,766 SF

  Well-Established Restaurant For Sale

  Established restaurant property for sale in Adrian, MI, offering a compact site for ongoing foodservice operations.

  921 E Beecher Street, Adrian, MI 49221

  View Details
• 

  $890,000

  3,263 SF

  Restaurant with Seating for 90

  Restaurant property with a dining room seating about 90 and parking for more than 40 vehicles.

  1002 S Main St, Adrian, MI 49221

  View Details
• 

  $1,350,000

  18,040 SF

  Medical/Dental Office Investment Opportunity

  Two-story medical/dental office building with established tenants and high occupancy.

  770 Riverside Ave, Adrian, MI 49221

  View Details
• 

  $1,135,000

  6,650 SF

  Conventional Restaurant Building

  For sale conventional restaurant building with approximately 6,650 sq. ft. located at 1329 S Main St in Adrian, MI.

  1329 S Main St, Adrian, MI 49221

  View Details
• 

  $110,000

  1,200 SF

  Pole Barn Warehouse with Parking

  Versatile pole barn warehouse with electric service and a large parking lot for practical on-site storage and operations.

  700 Oakwood Ave, Adrian, MI 49221

  View Details
• 

  $264,900

  2,160 SF

  Side-by-Side Ranch Duplex

  Well-maintained two-unit duplex offers side-by-side ranch living with both units currently occupied by long-term tenants.

  2978 Lee Marie Drive, Adrian, MI 49221

  View Details
• 

  $265,000

  4,095 SF

  Mixed-Use Building with Retail

  Well-maintained building offering retail space and three residential units with long-term tenants.

  114 E Maumee Street, Adrian, MI 49221

  View Details
• 

  $999,999

  4,200 SF

  Turnkey Provisioning Center Property

  Turnkey adult-use provisioning center with a high-end build-out, 50+ parking spaces, and pylon signage.

  W 1561 W Maumee Street Unit SourceFi, Adrian, MI 49221

  View Details
• 

  $399,900

  16,000 SF

  Downtown Corner Mixed-Use Building

  Two-story building with parking, retail, apartments, restaurant, or bar.

  148 S Winter St, Adrian, MI 49221

  View Details
• 

  $140,000

  23,975 SF

  Historic Hospital and Senior Building

  Built in 1911 with an added east wing, suited for redevelopment into varied institutional or residential uses.

  120 N Locust Street, Adrian, MI 49221

  View Details
• 

  Contact for pricing

  6,133 SF

  Freestanding Single-Tenant Restaurant

  Freestanding 6,133-square-foot restaurant on a 0.79-acre parcel with direct frontage on South Main Street in Adrian, Michigan.

  1396 S Main St, Adrian, MI 49221

  View Details
• 

  $192,500

  1,632 SF

  Updated Warehouse in Green Zone

  Updated warehouse offering highly visible frontage and small-bay size on 1+ acre in the green zone.

  1105 E Beecher Street, Adrian, MI 49221

  View Details

Similar Off Market Nearby

• Adrian Senior Center — 327 Erie St, Adrian, MI 49221
• Daybreak Adult Day Services — 327 Erie St, Adrian, MI 49221
• Senior Helpers — 130 N Main St, Adrian, MI 49221

FAQs

What type of property is this?

Senior housing / Retirement Home - Redevelopment opportunity in historic building for various uses.

Where is this senior housing / retirement home located?

The property is located at 120 North Locust St Adrian, MI.

What is the asking price?

The asking price for this property is $140,000.

What are key features of this property?

This property features: Redevelopment potential for various uses such as loft/apartments, cultural/arts facility, or non‑profit.; Historic building originally constructed in 1911.; Suitable for uses that complement the city and area.