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220 N MAIN ST
ADRIAN, MI 49221-2749
Asking Price
$359K
Asset Type
Retail
Class
Class B
What's Special
<p>Great location in downtown Adrian, Michigan perfect for an owner operator with space for your business in the front and income in the back. Also a great location for an investor that just is looking to invest in commercial real estate. Plenty of parking with over 40 spaces which is rare in downtown Adrian. Many upgrades including new rooftop unit, recently coated roof with 40 warranty included, steel siding, and much more. Call today for your private showing. </p>
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NOI
$80,000
Cap Rate
22.28%
DSCR
3.75
Strong
Cash-on-Cash
54.49%
Monthly Payment
$1,776.136
Annual Cash Flow
$58,686.367
