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    Adrian, MI
    Senior Housing

    Adrian, MI Senior Housing / Retirement Homes for Sale

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    Senior Housing Building with Added Wing
    Updated: Nov 24, 2025
    Senior Housing Building with Added Wing

    120 N Locust Street, Adrian, MI 49221

    $140,000
    23,975 sqft 1.34 AC lot
    23,975‑square‑foot building on 1.34 acres
    Main structure built in 1911
    East wing added in 1965
    Previously operated as a senior living center
    Parking lot and public water service
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    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Adrian, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Senior Housing Facility with Walkout Basement
    Senior Housing Facility with Walkout Basement

    16231 Broadway Ave, Maple Heights, OH 44137

    $1,250,000
    40,000 sqft 3.00 AC lot

    Three-level senior housing facility with elevators, dining areas, activity rooms, and a full-service commercial kitchen.

    View details
    Senior Housing Facility with Walkout Basement
    Senior Housing Facility with Walkout Basement

    16231 Broadway Avenue, Maple Heights, OH 44137

    $1,250,000
    2.71 AC lot

    Three-level facility with elevators, dining areas, offices, and a commercial kitchen.

    View details
    Turnkey Assisted Living Home Package
    Turnkey Assisted Living Home Package

    11469 North Haggerty Road, Plymouth, MI 48170

    Contact for pricing
    3,500 sqft

    Turnkey assisted living property with six private suites and a finished walk-out lower level suited for flexible on-site use.

    View details
    Well-Maintained Mobile Home in Toledo
    Well-Maintained Mobile Home in Toledo

    715 S Holland Sylvania Road, Toledo, OH 43615

    $47,500
    0.11 AC lot

    Cozy mobile home in a 55+ community with modern updates.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Four Splits
    Commercial Land with Four Splits

    M-52, Manchester, MI 48158

    $399,000
    4.50 AC lot

    Commercially zoned acreage is perk-tested and ready for construction.

    View details

    Adrian, MI Senior Housing / Retirement Homes Market Trends and Statistics

    Explore 1 senior housing / retirement homes for sale in Adrian, MI on our real estate platform. These investment opportunities span a total of 23,975 square feet of properties for sale, with an estimated market value of $140,000.

    Sale prices for assisted living facilities in Adrian, MI average $140,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 41K
    Population Growth (5Y) +1.1%
    Median Household Income $57,316
    College Educated 31.7%

    High-Yield Neighborhoods for Investment

    Identify Adrian submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49221 $140K

    Taxes & Financing

    Tax Rate (average for all types) 4.56%
    Property Tax per SF $84.73 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lenawee County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lenawee County

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    Popular Searches in Adrian, MI

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    Most Searched ZIP Codes in Adrian, MI

    • 49221

    Featured Adrian Real Estate Agencies

    Realmo connects you with licensed Adrian CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Foundation Realty
    3282 N Adrian Hwy Adrian, MI 49221
    Phone: 15172668888
    foundationlenawee.com
    The Wagley Group
    245 N. Winter St. Adrian, MI 49221
    Phone: 15172656000
    www.JoeSells.com

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