Office Building with Additional
227 Riverside Avenue, Adrian, MI 49221
For Sale
$499,000
COM/IND/BUS OPP, Adrian, MI
Property Size6,900 SF
Lot Size2.35 Acres
Price / SF$72.32
Days on Market49
Property Features for 227 Riverside Avenue
General Information
Property type
Property subtype
Lot features
Subdivision
Standard status
APN
Size
Lot size
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Listing Agency:
Foundation Realty, LLC
(517) 266-8888
Listed By:
Kasey White · License #6506046326
(517) 215-4943
Added: Sep 22
Changed: Oct 24
Last Checked: Nov 9 at 4:06AM
MLS# 50222533
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,900-square-foot office building, constructed in 1975, includes a lobby, multiple offices, a conference room, and substantial storage. The lower level was renovated within the last few years, while the property also features two newer furnaces, central air units, a full sprinkler system, surveillance equipment, two grinder pumps, and fire-resistant construction. ADA compliance supports accessible use, subject to applicable zoning and approvals.
The 2.35-acre property includes 1.6 acres of adjoining vacant land. A water line extends to the additional lot from Grand Street, providing existing infrastructure for future development. Public water serves the property, and on-site parking is available.
The 2.35-acre property includes 1.6 acres of adjoining vacant land. A water line extends to the additional lot from Grand Street, providing existing infrastructure for future development. Public water serves the property, and on-site parking is available.
Key Highlights
- 6,900 square feet of office space on a 2.35‑acre property
- 1.6 acres of adjoining vacant land included
- Lower level renovated within the last few years
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
Explore this area
Business Placement
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 Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - ADA-compliant property with offices, a conference room, storage, central air, and on-site parking.
Where is this office building located?
The property is located at 227 Riverside Avenue Adrian, MI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 6,900 square feet of office space on a 2.35‑acre property; 1.6 acres of adjoining vacant land included; Lower level renovated within the last few years
