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Single-Story Multi-Tenant Office Building
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220 N MAIN ST, Adrian, MI 49221

B3-zoned property with three existing tenants, an available office suite, and on-site parking.

Property Size6,260 SF
Lot Size0.55 Acres
Price / SF$59.36
Days on Market111

Property Features for 220 N MAIN ST

General Information

Standard status Active
Size 6,260 SF
Total Parking Spaces 40
Lot size 0.55 Acres
Property subtype Retail
Zoning B3
Occupancy 75%

Additional Details

Asking Price $359,000
Utilities to Site Yes

Building Details

Year Built 1983
Buildings 1
Stories 1
Units 4
Building Size 6,260 SF
Tenancy Multi
Listing Agency: Gil Henry & Associates Inc
Listed By: Gilbert Henry · License #MI 6502135057
Source: Crexi
Added: May 12 Changed: Aug 29 Last Checked: Aug 29 at 1:14PM

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 Gil Henry & Associates Inc

Investment Insights

Based on property information with market context.

This single-story office building at 220 N Main St. in Adrian was built in 1983 and is configured for multi-tenant occupancy. Three tenants are currently in place, with one approximately 2,400 SF suite available for an owner-user or future lease-up. The interior includes updated open office areas and an efficient layout suitable for continued office use.

The property occupies approximately 0.55 acres in a B3-zoned location along Main Street. A 40-space parking field serves tenants, employees, and visitors. Existing utility service includes electricity, water, sanitary sewer, and city natural gas.

Key Highlights

  • Approximately 2,400 SF office suite currently available
  • Three tenants in place within the multi‑tenant building
  • Single‑story office property built in 1983

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Locksmith Acupuncture

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

871
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - B3-zoned property with three existing tenants, an available office suite, and on-site parking.
Where is this office building located?
The property is located at 220 N MAIN ST Adrian, MI.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Approximately 2,400 SF office suite currently available; Three tenants in place within the multi‑tenant building; Single‑story office property built in 1983
(517) 403-0273 Call to check price and availability
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