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Renovated Retail Space
For Sale
$750,000

905 N Main St., Adrian, MI 49221

Occupied retail property with updated interiors and proximity to a university and hospital.

Property Size7,596 SF
Days on Market68

Property Features for 905 N Main St.

General Information

Standard status Active
Size 7,596 SF
Property subtype Retail
Occupancy 100%
Net Operating Income $54,704

Building Details

Building Size 7,596 SF
Year Built 1998
Listing Agency: Miller Diversified Realty
Listed By: Kyle Jurgenson · License #6501427812
Source: Millerdiversified
Added: Jun 25 Changed: Aug 30 Last Checked: Aug 30 at 3:43PM

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 Miller Diversified Realty

Investment Insights

Based on property information with market context.

This retail property at 905 N Main St. was built in 1998 and has undergone interior renovations. The building is reported at 100% occupancy, providing an established retail setting for a sale transaction.

The property is situated near a university and hospital in Adrian, Michigan. Its location places the building within an established institutional context, while the updated interior supports continued retail use.

Key Highlights

  • 100% occupancy
  • Interior renovations completed
  • Built in 1998

Property Analytics

Current Use

Retail space

Suggested Use

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

549
Businesses Nearby
80k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 68% Shops & Services 32%
McDonald's Dining
27,091 visits/mo 0.3 miles
Taco Bell Dining
23,539 visits/mo 0.1 miles
Dollar General Shops & Services
12,539 visits/mo 0.4 miles
Sunoco Shops & Services
7,363 visits/mo 0.1 miles
Exxon Shops & Services
5,351 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

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Occupied retail property with updated interiors and proximity to a university and hospital.
Where is this retail space located?
The property is located at 905 N Main St. Adrian, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 100% occupancy; Interior renovations completed; Built in 1998
More about this property
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