203 Adrian St, Blissfield, MI 49228-1301
This exceptional 21,670-square-foot industrial property, located at 203 E Adrian St, Blissfield, MI 49228, presents a unique investment opportunity. Originally constructed in 1920 and significantly renovated in 1986, this vacant building boasts a rich history as a former coal plant and, more recently, housed a leading manufacturer of precision equipment. The property sits on an 18,437-square-foot lot and features two stories, two loading docks with two dock-high doors, and a substantial 20-foot ceiling height. The spacious layout offers ample room for various industrial or manufacturing uses, warehousing, or distribution. Its C-3 zoning allows for diverse operational possibilities. The property benefits from convenient access to major transportation routes and includes rail access, adding significant logistical advantages. The building is equipped with a steel roof, ample parking, several cranes, and three-phase 220 and 440-volt power. The asking price is $595,000, translating to $27.46 per square foot. This property's combination of size, location, and features makes it an ideal choice for a wide range of industrial businesses seeking a well-established and versatile space. The APN is BL2-620-0310-00 & BL2-620-0320-00.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Blissfield, MIBlissfield. Always verify with local authorities before improvements.
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.