427 N Steer St, Addison, MI 49220

Building Details

Year Built

1950

Listing office Van Esley Real Estate d***@gmail.com Show Phone

Listing date Mar 23, 2024

Source Crexi

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Overview

This 7.20-acre property features approximately 875 feet of frontage on Addison Mill Pond. Included on the property is a 12,235-square-foot former bariatric hospital and an additional 1,800-square-foot building, which is currently leased for $2,000.00 per month. The hospital is equipped with a 500-kilowatt transformer providing 3-phase power at 208 volts. The property presents development opportunities for multi-family housing, senior housing, self-storage facilities, and various other uses.

Suggested Use

Big Box & Wholesale Store Nail Salon Law Firm Restaurant Grocery & Convenience Store Furniture & Home Goods Electronics & Wireless Store Grocery & Convenience Store Car Rental Facility Cosmetic Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Addison

County

Lenawee

State

Michigan

Longitude

-84.3491

Latitude

41.9907

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FAQs

What type of property is this?

Commercial land - 7.20 acre property with frontage on Addison Mill Pond.

Where is this commercial land located?

The property is located at 427 N Steer St Addison, MI.

What is the asking price?

The asking price for this property is $600,000.

What are key features of this property?

This property features: 7.20 acre property with approximately 875' of frontage on Addison Mill Pond; Includes a **12,235 sq ft former Addison Bariatric Hospital**; Additional 1,800 sq ft building currently leased for $2,000.00 per month