2396 Us 223 Adrian, MI 49221
- Industrial properties
- 4,275 SF
- 0.86 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 2396 Us 223
- Year built
- 1980
- Lot size
- 0.86 lot acres
- Property size
- 4,275 SF
- Property type
- Industrial properties
Description
This exceptional 4,275 square foot industrial property, situated on a 0.86-acre lot on US Highway 223 in Adrian, Michigan, presents a unique investment opportunity. The building boasts a newly remodeled interior and exterior, featuring a maintenance-free vinyl and brick façade. High visibility is ensured by a large programmable LED sign facing the highway, attracting significant attention from passing traffic. Ample parking is available for employees and clients. Security is enhanced by a Swan security camera system. The main 3,075 square foot section is ideally suited for a variety of professional uses, previously occupied by an accounting firm. This area includes a reception/waiting area, multiple offices (five total), a conference room, lunchroom, file storage, mechanical room, and a bathroom. A laundry room adds further convenience. Currently, a portion of the building (1,200 square feet) generates additional income as a thriving beauty salon, with the current tenant expressing interest in remaining. This setup provides immediate cash flow and potential for continued rental income. The property's strategic location, modern amenities, and existing rental income make it an attractive proposition for both owner-occupiers and investors seeking a strong return on investment. The property's versatile layout and high visibility make it suitable for a wide range of businesses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Adrian
- County
- Lenawee
- State
- Michigan
- Longitude
- -84.0155
- Latitude
- 41.8757
