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Property profile & analytics

113 E Maumee St Adrian, MI 49221

  • Commercial real estate
  • 0.07 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1321403
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 113 E Maumee St

Lot size
0.07 lot acres
Zone code
B-3
Property type
Commercial real estate
APN
XA0-100-0167-00
APU
XA0100016700

Description

This exceptional 16,582 square foot industrial property in Adrian, Michigan, presents a lucrative investment opportunity. Situated on a 0.07-acre lot at 113 E Maumee, this versatile space seamlessly blends commercial uses. The property currently features a fully operational restaurant and bar, creating a vibrant atmosphere ideal for community gatherings and private events. The expansive bar/banquet area offers ample seating, perfect for hosting happy hours and larger functions. In addition to the established food and beverage operation, the property includes multiple office and retail spaces, providing flexibility for a variety of businesses. This mixed-use configuration allows for diverse income streams, making it an attractive option for both investors seeking high yield returns and business owners looking for a turnkey operation in a desirable location. The property's established infrastructure and prime location in Adrian offer immediate potential for growth and profitability. The existing restaurant and bar are fully equipped and ready for continued operation, while the office and retail spaces provide ample opportunity for expansion or lease to additional tenants. This is a rare opportunity to acquire a well-established, multi-faceted commercial property in a thriving Michigan market. The asking price is $1,300,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Adrian
County
Lenawee
State
Michigan
Longitude
-84.0359
Latitude
41.899
CBSA code
10300
CBSA name
ADRIAN, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,129
$0.00
$0.00
$122,000
-
$0.00
$0.00
$244,000
More about this property
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