2415 Us 223 Adrian, MI 49221
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.