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Downtown Restaurant Property
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240 N MAIN ST, Adrian, MI 49221

Built in 2016, the property is home to CHOMP Burger and is zoned VC.

Property Size2,606 SF
Price / SF$535.30
Days on Market23

Property Features for 240 N MAIN ST

General Information

Standard status Active
Size 2,606 SF
Class A
Property subtype Retail
Zoning VC
Occupancy 100%
Lease Type Modified Gross
Investment Type Stabilized

Building Details

Year Built 2016
Stories 1
Units 1
Tenancy Single
Listing Agency: 3DX Real Estate
Listed By: Joseph Ayers · License #379291
Source: Crexi
Added: Aug 11 Changed: Aug 31 Last Checked: Sep 1 at 5:11AM

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 3DX Real Estate

Investment Insights

Based on property information with market context.

This restaurant property at 240 N Main St in Adrian was built in 2016 and carries VC zoning. The site is occupied by CHOMP Burger, an established local restaurant operating from the premises. The offering provides an opportunity to acquire the real estate, with the restaurant business also available separately. The property is positioned in downtown Adrian and may suit an owner-operator, restaurant business acquisition, or commercial real estate investment strategy. Zoning, permitted uses, and any business-transfer requirements should be independently verified with the appropriate authorities.

Key Highlights

  • Established CHOMP Burger restaurant operates from the property
  • Built in 2016
  • VC zoning

Property Analytics

Current Use

Conventional restaurants

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.

Location Intelligence

Trade Area within ½ mile

871
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 89% Dining 11%
Dollar Tree Shops & Services
11,123 visits/mo 0.3 miles
Huntington Bank Shops & Services
8,586 visits/mo 0.1 miles
Sunoco Shops & Services
7,363 visits/mo 0.4 miles
SUBWAY Dining
3,413 visits/mo 0.3 miles
Napa Auto Parts Shops & Services
1,003 visits/mo 0.2 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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Built in 2016, the property is home to CHOMP Burger and is zoned VC.
Where is this conventional restaurant located?
The property is located at 240 N MAIN ST Adrian, MI.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Established CHOMP Burger restaurant operates from the property; Built in 2016; VC zoning
More about this property
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