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Office Building with Additional Land
New
For Sale
$499,000

227 Riverside Avenue, Adrian, MI 49221

COM/IND/BUS OPP, Adrian, MI

Property Size6,900 SF
Lot Size2.35 Acres
Price / SF$72.32
Days on Market2

Property Features for 227 Riverside Avenue

General Information

Property type Commercial Sale
Property subtype Other
Lot features Office Park, Residential Area
Subdivision Adrian (46025)
Standard status Active
APN XA0-100-0103-00
Size 6,900 SF
Lot size 2.35 Acres

Utilities

Heating system Forced Air
Cooling system Ceiling Fan(s), Central Air
Water source Public

Amenities

surveillance system
conference room

Building Details

Year built 1975
Listing Agency: Foundation Realty, LLC
Listed By: Kasey White · License #6506046326
Added: Sep 22 Last Checked: Sep 23 at 8:06PM
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.

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.

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

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Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Building Supply Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

Yes
Sprinkler system
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

585
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
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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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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
More about this property
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