113 E Maumee Street $1,300,000

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    113 E Maumee Street Adrian, MI 49221

    • 16,582 sq. ft.
    • 0.07 Acres
    • Commercial
    • MLS# 50069674
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    Views: 299 Days On Site: 964

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    Property Details

    Welcome to this incredible commercial space. This versatile property offers a unique opportunity to own a mixed use space that includes a restaurant, bar, offices, and retail spaces. Whether you're an investor for a high yield income property or a business owner seeking a prime location or both, this property has everything you need to succeed. The restaurant and bar area boasts stylish and inviting atmosphere with ample seating for guests. The bar/banquet area are perfect for hosting happy hours, private parties, and other events making it a hub for community gatherings. The office/retail spaces offer an ideal solution for business owners looking for a prime location to attract customers. Don't miss out on this chance to own a versitle space that has everything you need to succeed. Contact us today to schedule a viewing and explore the possibilities.

    • General Features
      • Acreage 0.07
      • Area Municipality Adrian (46025)
      • Body of Water None
      • County Lenawee
      • Originating MLS Lenawee
      • Ownership Private
      • Subdivision Original Of Adrian City
      • Total SqFt Finished 16582
      • Waterfront Y/N No
      • Year Built 1900
      • ZONING Commercial
    • Building Features
      • Cooling System HVAC
      • Exterior Construction Brick
      • Foundation Type Basement
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
      • Roofing Flat, Rubber
    • Property Features
      • Water Public Water
      • Water Features None
      • PARKING Municipal
      • Lot Size 20x149
      • Roads City/County
      • Sewer Septic Public Sanitary

    Neighborhood

    49221 (Adrian) Demographics

    38 Median Age
    344 Population Density (per sq. mile)
    26% College Educated
    $48,447 Estimated Median Income
    10,700 Estimated Total Home Owners
    4,538 Estimated Total Renters
    70% / 30% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    40,930 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $215,000 Median Sales Price
    40 Homes Sold
    39 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,300,000
        4/4/2022 11:36:00 AM New in Database Source: Multiple Listing Service New Value: $1,300,000

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.