Medical / Professional Office for Sale in Adrian
$1,350,000
770 Riverside, Adrian, MI 49221
18,040 sqft
Building Size
1.32 acres
Lot Area
Details:
Highlights:
- Clean, well maintained two story medical office building
- Fully finished additional 6071 SF usable basement with elevator access
- Current tenants include Promedica and the Veterans Administration, among others
- Historically high occupancy with multiple tenants with over 10 years in building
- Rent roll and proforma available upon request
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.
Between M-52 and Tipton Hwy, next to Bixby Medical Center
3 Spaces Available
200 - 2nd Floor, 200, 2nd Medical
Currently used as a dental office suite. Reception, exam rooms, dental lab and private office.
205 - 2nd Floor, 2 Medical
Five exam rooms, lab, waiting area and reception office.
17 - Lower Level Medical
Medical suite with 4 exam rooms reception area, waiting area, office and storage room.
Documents:
| Title | ||
|---|---|---|
| Lease Brochure 770 Riverside | ||
| Sale_Brochure_-_770_Riverside_Adrian.pdf |
Location
Gallery
