Medical / Professional Office for Sale in Adrian

770 Riverside Adrian, MI 49221

770 Riverside, Adrian, MI, 49221
770 Riverside, Adrian, MI, 49221 770 Riverside, Adrian, MI, 49221
FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
Amount:
$1,350,000
Last Verified:
Apr 29, 2024

Highlights


Description

Presenting a prime investment opportunity. This expansive medical/dental/professional office property spans 18,040 square feet with an additional 6,071 square feet of usable basement space, all nestled on a sizable 1.32-acre site. The office-specific zoning solidifies this property as an exclusive professional enclave.

With over 100 parking spaces, the building offers ample accommodation for a high volume of clients and personnel. The property prides itself on its pristine condition and functional design, boasting a two-story building optimized for medical and dental use, with an accessible and fully finished basement complete with elevator service.

Tenants such as Promedica and the Veterans Administration contribute to the building's historically robust occupancy rates, with many tenants establishing their practices here for over ten years. This not only underlines the property's enduring appeal but also indicates a strong foundation for continued financial health and tenant stability.

Highlights of this premier investment include:
• Dedicated medical & dental office building with a history of high occupancy
• Comprehensive two-story facility w/ accessible basement
• Over 100 parking spaces
• Established tenants with long-term occupancy
• Detailed financials available to qualified buyers

For more information or to arrange a property tour, please reach out to our commercial real estate experts.

Multi-tenant medical/office building next to Bixby Medical Center in Adrian, MI. Available immediately. Suites include offices, exam rooms, lab and reception areas. Ample surface parking.

Between M-52 and Tipton Hwy, next to Bixby Medical Center

Building Size: 18040sq ft
Building Class: B
Lot Size: 1.32 acres


Documents

Lease Brochure 770 Riverside Adrian
Sale Brochure - 770 Riverside Adrian

Units for Lease

200 - 2nd Floor
Space Available: 1516 SF
Lease Type: Gross

Price Per Sqft/Month: $2300.00
205 - 2nd Floor
Space Available: 1466 SF
Lease Type: Gross

Price Per Sqft/Month: $2000.00
17 - Lower Level
Space Available: 1347 SF
Lease Type: Gross

Price Per Sqft/Month: $1500.00

Map of 770 Riverside, Adrian, MI, 49221

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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