Historic Office Building

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30785722
Property Subtypes: Office Building
Status: Pending/Contingent
Building Size (RSF): 2,240 SF
Gross Building Area: See Agent
Gross Land Area: 0.50 Acres
Sale Price: $150,000
Unit Price: $66.96 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 2,240 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2022

Overview / Comments

Beautiful historic building with excellent exposure on Adrian's west side. Newer paved parking lot at the rear of the property. Hardwood floors throughout, updated kitchenette and bathroom. Immediate occupancy.

Attachments & Media

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $3,089 (Annual)
Assessed Value - Total($) $53,200 (Annual)

Additional Details

Nearest MSA: Adrian
County: Lenawee
Taxing Authority: City of Adrian
Tax ID/APN: XA0-100-0308-02
Zoning: B-1
Property Visibility: Excellent
Highway Access: Approximately 1.1 miles to West US-223
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,120 SF
Year Built: 1964
Parking Type: Surface
Parking Description: Paved
Total Parking Spaces: 20
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL, Satellite, Fiber Optic
Zoning Description: Commercial
Lot Frontage: 100
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: Land in the City of Adrian, County of Lenawee, State of Michigan, described as follows: All that part of the East 1/2, Northeast 1/4 of Section 33, Town 6 South, Range 3 East, described as beginning at a point on the East and West 1/4 line of Section 33, aforesaid, located 778.75 feet South 89° 29' 30" West from the East 1/4 corner of said Section 33 and running thence South 89° 29' 30" West along said East and West 1/4 line 100.00 feet; thence North 01° 37' 30" West 234.60 feet; thence North 79° 00' 04" East 101.34 feet along the Southerly line of the Plat of Parkview as recorded in Liber 18 of Plats, Pages 17 and 18, Lenawee County Records; thence South 01° 37' 30" East 253.05 feet to the place of beginning.

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,838 29,862 41,128
Median Age: 31.19 36.84 37.54
Households: 1,541 11,232 14,524

Contact

© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.