113 E Maumee St Adrian, MI 49221
- Commercial real estate
- 0.07 lot acres
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
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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