Two-Story Mixed-Use
For Sale
$399,900
148 S Winter Street, Adrian, MI 49221
COM/IND/BUS OPP, Adrian, MI
Property Size16,722 SF
Lot Size0.63 Acres
Price / SF$23.91
Days on Market422
Property Features for 148 S Winter Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Subdivision
James Beryys Sub Of Comstock Homestead
Lot features
Corner Lot, Main Street, Downtown Dev Authority
Standard status
Active
APN
XA0 385 0004 00
Size
16,722 SF
Lot size
0.63 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4209
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1930
Roof type
Rubber
Listing Agency:
Goedert Real Estate - Adr
(517) 265-9644
Listed By:
Mark Goedert
(517) 403-0053
Added: Sep 2, 2025
Changed: Oct 13
Last Checked: Oct 28 at 12:06AM
MLS# 50187067
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.
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Investment Insights
Based on property information with market context.
This two-story mixed-use building in downtown Adrian contains 16,722 square feet within a block-and-brick structure built in 1930. The property includes a 7,000-square-foot basement, forced-air heating, public water service, and a rubber roof. Its existing configuration can support a range of commercial and residential concepts, including retail, apartments, restaurant, or bar uses.
The 0.63-acre site occupies a corner position at 148 S Winter Street and includes dedicated parking. The building’s scale, basement area, and downtown setting provide a substantial footprint for an owner-user, redevelopment plan, or mixed-use operation.
The 0.63-acre site occupies a corner position at 148 S Winter Street and includes dedicated parking. The building’s scale, basement area, and downtown setting provide a substantial footprint for an owner-user, redevelopment plan, or mixed-use operation.
Key Highlights
- 16,722‑square‑foot, two‑story block‑and‑brick building
- 7,000‑square‑foot basement included
- 0.63‑acre corner site in downtown Adrian
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Location Intelligence
Trade Area within ½ mile
852
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 86%
Dining 14%
Dollar Tree
Shops & Services
11,123 visits/mo
0.3 miles
Huntington Bank
Shops & Services
8,586 visits/mo
0.1 miles
SUBWAY
Dining
3,413 visits/mo
0.5 miles
Napa Auto Parts
Shops & Services
1,003 visits/mo
0.1 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner property with on-site parking, basement space, and potential for retail, residential, dining, or bar uses.
Where is this mixed-use property located?
The property is located at 148 S Winter Street Adrian, MI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 16,722‑square‑foot, two‑story block‑and‑brick building; 7,000‑square‑foot basement included; 0.63‑acre corner site in downtown Adrian
