1540 W Maumee Street Adrian, MI ^$ 1,800,000

1540 W Maumee Street

^$ 1,800,000

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1540 W Maumee Street

Adrian, MI, 49221

^$ 1,800,000

Studio Baths0.0 Sq 1,546

Monthly Estimate*

^$ 11,963

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Studio

Commercial Property for sale in Adrian, MI

for $1,800,000. This 1,546 square foot building was built in 2010 on a lot size of 0.56.

Little Caesars Pizza Franchise in Adrian, Michigan includes all real-estate, personal property, inventory, equipment and Adrian Little Caesars franchise business. Sales Are Up! 11% from 2022 and should come in at $1,900,000 by year end. Join one of the fastest growing ''Best Value in America'' pizza brands, with over 4,000 locations. National advertising has made this brand a household name. Easy to operate business has a well-trained manager and over two dozen employees in place. Same family has owned for over 40 years and are looking to retire. The sales and margin of this store continues to improve every year, this is a priceless opportunity. This Little Caesars Restaurant is the only one in a 20 mile radius.

Commercial Active

Price

^$ 1,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 11,375

Style

Business

Lot Size

0.56

Year Built

2010

Town/City

Adrian

County/Region

Lenawee

MLS | Web ID

70340185

Features

General

Heating Forced Air

Possession Negotiable (Possession)

Roof Rubber

Water Public Water Public Water at Street

Status Active Keep Showing-Contgcy Appl

Year Built 2010

Parking 11-20 Spaces

County Lenawee

Class COM/IND/BUS OPP

Type Business

Business Name Little Caesars

Percent Ownership Other/See Remarks

Municipality Adrian

Subdivision MI

Commercial Features Electric Available Furniture Gas Available Telephone

Area Adrian (46025)

Primary City Adrian

Directions US 223 to Maumee

City Adrian

Street Name Maumee

Financial Terms Cash Conventional

Legal Description ALL THAT PART OF E 1/2 OF SE 1/4 SEC 33 T6S-R3E COM S 88 DEG 58'55''W 480.94 FT ALG E & W 1/4 LI FROM THE E 1/4 COR SEC

DOM 208

Postal Code 49221

Price Per Sq Ft Total 1164.29

Coming Soon Little Caesars Pizza Franchise in Adrian Michigan includes all real-estate personal property inventory

Exterior

Exterior Concrete Stucco

Frontage 306

Lot Size Area 0.56

Lot Dimensions 169x79x8x15x40x65x143x159

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Mark Riggle

Listing Agent

Re/Max Irish Hills Realty

Broker

markriggle@remax.net

Affordability Calculator

$12,911

Per Month

Monthly Principal & Interest: $11,963
Monthly Property Taxes: $948
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Adrian, MI

Average List Price ^$370,819

Percent of Sale Price 79%

About Adrian, MI

20,445 Population

-8% Since 2002

^$35,556 Median Income

34.32 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/3/2023	$1,800,000		Listed Price

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1540 W Maumee Street, Adrian, MI, 49221 is a Commercial Property for sale at $1,800,000 with 1,546 sqft and a lot size of 0.56. 1540 W Maumee Street is a studio with 0.0 baths and was built in 2010. The property's zip code is 49221 which is in Adrian, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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1540 W Maumee Street

Commercial Property for sale in Adrian, MI

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