Property summary
This 5,752 square foot industrial building presents a unique investment opportunity in Adrian, Michigan's Eastside Marihuana Overlay District. Located at 1310 E Maumee, this property sits on a 0.27-acre lot and is offered at $199,000. The building is currently undergoing some updates to its HVAC and electrical systems, although these are incomplete. A prospective buyer should independently verify the extent of these improvements. It's crucial for any interested party to confirm the availability of necessary licenses and permits for their intended use with both the City of Adrian and the State of Michigan. This is a significant consideration given the property's location within the Marihuana Overlay District. The building's size and location offer considerable potential for a variety of industrial uses, subject to obtaining the appropriate approvals. The 0.27-acre lot provides ample space for potential expansion or outdoor storage, depending on zoning regulations and permitted uses. This property is being sold as-is, and a thorough inspection is strongly recommended before purchase. The sale price reflects the current state of the building and the need for potential further investment to complete the ongoing updates and secure necessary licenses.
Property profile
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Zoning & alternative use
I-2 General Industrial District is designed primarily for manufacturing, assembling and fabrication activities including large scale or specialized industrial operations, whose external physical effects will be felt to s…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I-2 · Adrian, MII-2 General Industrial District is designed primarily for manufacturing, assembling and fabrication activities including large scale or specialized industrial operations, whose external physical effects will be felt to s…
Zoning
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Zoning designation
Official district profile
I-2 General Industrial District is designed primarily for manufacturing, assembling and fabrication activities including large scale or specialized industrial operations, whose external physical effects will be felt to s…
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