Adrian, MI 49221,1542 West Maple Avenue
Adrian, MI 49221,1542 West Maple Avenue
Adrian, MI 49221,1542 West Maple Avenue
Adrian, MI 49221,1542 West Maple Avenue
Adrian, MI 49221,1542 West Maple Avenue
Adrian, MI 49221,1542 West Maple Avenue
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$ 525,000
Est. payment | /mo

5,800 SqFt


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$ 525,000
Est. payment | /mo
Save

5,800 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 5,800 sqft

Price per Sqft $90

Subdivision Mi

MLS Listing ID 50157569

Year Built 1992

Annual Tax Amount $13,185

Lot Size 0.540 Acres

Acres 0.54

Lot Dimensions 108x231

Property Sub-Type Commercial/Industrial

Property Description

THIS PROPERTY MIGHT BE SUBJECT TO A 1031 TAX DEFERRED EXCHANGE. Attractive West Adrian professional office has two levels. Upper level was used for an Obstetrics and Gynecological medical practice. Lower level is currently occupied by an orthopedic massage business. Seller plans to extend this lease for 1 year from the date of closing forward. The first level can be occupied immediately. Current rent on the lower level is $1,050.00 per month. This building is very well maintained and shows pride of ownership. Inventory and improvement list is available upon request. Well & Sewer.

Location

State MI

County Lenawee

Area Adrian (46025)

Zoning Commercial

Interior

Heating Forced Air, Hot Water, Zoned Heating

Cooling Ceiling Fan(s), Central A/C, Dual/Zoned, Exhaust Fan, HVAC

Exterior

Parking Features 21+ Spaces, Parking Lot

Roof Type Asphalt,Shingles

Building

Lot Description Below Grade

Foundation Basement

Water Private Well

Structure Type Aluminum Trim,Brick,Brick Front,Frame,Vinyl Siding,Wood

Others

Ownership Private

SqFt Source Assessors Data

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by The Wagley Group
Shannon Bagdonas

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 766-8387

soldbyshannonb@outlook.com

6838 Park Ave, Allen Park, MI, 48101-2036, USA

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1542 West Maple Avenue