2415 Us 223 Adrian, MI 49221
- Industrial properties
- 4,896 SF
- 0.78 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 2415 Us 223
- Year built
- 1950
- Lot size
- 0.78 lot acres
- Property size
- 4,896 SF
- Property type
- Industrial properties
Description
This exceptional 4,896 square foot industrial property in Adrian, Michigan, presents a unique investment opportunity. Situated on a 0.78-acre lot with over 280 feet of frontage on US 223, this location boasts unparalleled visibility and high traffic exposure, ideal for maximizing business reach. The existing structure includes over 3,500 square feet of well-maintained facilities, featuring private offices, a spacious waiting area, and a dedicated meeting room, providing ample space for comfortable and efficient operations. Two bays, equipped with overhead doors, are perfectly suited for a mechanic shop and a detailing bay, complete with heat and water hookups. The expansive lot comfortably accommodates 30+ vehicles, allowing for significant inventory display and expansion. A secure, fenced perimeter ensures safety and security. Adding to the property's appeal is a two-bedroom rental home, currently occupied by a reliable tenant, generating supplemental income. This established business, operating successfully for over two decades, offers a turnkey operation for experienced dealers or aspiring entrepreneurs. The property's prime location, extensive facilities, and additional rental income stream combine to create a compelling investment prospect with significant growth potential. Priced at $450,000.
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
- -84.0151
- Latitude
- 41.875
