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Highlights

  • Zoned B-3, accommodating diverse retail, office, and mixed-use opportunities.
  • Large downtown building with over 14,900 SF of finished space and redevelopment potential on upper floors.
  • Public utilities and existing infrastructure support immediate occupancy or phased renovation.

All Available Spaces(4)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor, Ste 002
  • 2,242 SF
  • 5-10 Years
  • $14.00 /SF/YR $1.17 /SF/MO $31,388 /YR $2,616 /MO
  • Retail
  • Shell Space
  • Now

Lower level unfinished space that is ideal for retail or professional office use. Five or ten year lease terms with offset for Tenant Improvement. This newly renovated historic building in downtown Adrian is home to twelve residential apartments and several flexible commercial spaces. The commercial spaces are largely shell space at present which will allow the tenant to finish it in a way that will meet their needs.

  • $2,615.66 / month
  • 1st Floor, Ste 101
  • 1,172 SF
  • 5-10 Years
  • $15.00 /SF/YR $1.25 /SF/MO $17,580 /YR $1,465 /MO
  • Office
  • Full Build-Out
  • Now

Main level unfinished space that is ideal for retail, professional office, or other approved use. Five or ten year lease terms with offset for Tenant Improvement. This newly renovated historic building in downtown Adrian is home to twelve residential apartments and several flexible commercial spaces. The commercial spaces are largely shell space at present which will allow the tenant to finish it in a way that will meet their needs.

  • Fits 3 - 10 People
  • $1,465.00 / month
  • 1st Floor, Ste 103
  • 730 SF
  • 5-10 Years
  • $15.00 /SF/YR $1.25 /SF/MO $10,950 /YR $912.50 /MO
  • Retail
  • Shell Space
  • Now

Main level unfinished space that is ideal for retail, professional office, or other approved use. Five or ten year lease terms with offset for Tenant Improvement. This newly renovated historic building in downtown Adrian is home to twelve residential apartments and several flexible commercial spaces. The commercial spaces are largely shell space at present which will allow the tenant to finish it in a way that will meet their needs.

  • $912.50 / month
  • 1st Floor, Ste 104
  • 941 SF
  • 5-10 Years
  • $15.00 /SF/YR $1.25 /SF/MO $14,115 /YR $1,176 /MO
  • Retail
  • Shell Space
  • Now

$1,176.25 / month

Space Size Term Rental Rate Space Use Build-Out Available
1st Floor, Ste 002 2,242 SF 5-10 Years $14.00 /SF/YR $1.17 /SF/MO $31,388 /YR $2,616 /MO Retail Shell Space Now
1st Floor, Ste 101 1,172 SF 5-10 Years $15.00 /SF/YR $1.25 /SF/MO $17,580 /YR $1,465 /MO Office Full Build-Out Now
1st Floor, Ste 103 730 SF 5-10 Years $15.00 /SF/YR $1.25 /SF/MO $10,950 /YR $912.50 /MO Retail Shell Space Now
1st Floor, Ste 104 941 SF 5-10 Years $15.00 /SF/YR $1.25 /SF/MO $14,115 /YR $1,176 /MO Retail Shell Space Now

1st Floor, Ste 002

Size
2,242 SF
Term
5-10 Years
Rental Rate
$14.00 /SF/YR $1.17 /SF/MO $31,388 /YR $2,616 /MO
Space Use
Retail
Build-Out
Shell Space
Available
Now

1st Floor, Ste 101

Size
1,172 SF
Term
5-10 Years
Rental Rate
$15.00 /SF/YR $1.25 /SF/MO $17,580 /YR $1,465 /MO
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Floor, Ste 103

Size
730 SF
Term
5-10 Years
Rental Rate
$15.00 /SF/YR $1.25 /SF/MO $10,950 /YR $912.50 /MO
Space Use
Retail
Build-Out
Shell Space
Available
Now

1st Floor, Ste 104

Size
941 SF
Term
5-10 Years
Rental Rate
$15.00 /SF/YR $1.25 /SF/MO $14,115 /YR $1,176 /MO
Space Use
Retail
Build-Out
Shell Space
Available
Now

1st Floor, Ste 002

Size 2,242 SF
Term 5-10 Years
Rental Rate $14.00 /SF/YR
Space Use Retail
Build-Out Shell Space
Available Now

Lower level unfinished space that is ideal for retail or professional office use. Five or ten year lease terms with offset for Tenant Improvement. This newly renovated historic building in downtown Adrian is home to twelve residential apartments and several flexible commercial spaces. The commercial spaces are largely shell space at present which will allow the tenant to finish it in a way that will meet their needs.

  • $2,615.66 / month

1st Floor, Ste 101

Size 1,172 SF
Term 5-10 Years
Rental Rate $15.00 /SF/YR
Space Use Office
Build-Out Full Build-Out
Available Now

Main level unfinished space that is ideal for retail, professional office, or other approved use. Five or ten year lease terms with offset for Tenant Improvement. This newly renovated historic building in downtown Adrian is home to twelve residential apartments and several flexible commercial spaces. The commercial spaces are largely shell space at present which will allow the tenant to finish it in a way that will meet their needs.

  • Fits 3 - 10 People
  • $1,465.00 / month

1st Floor, Ste 103

Size 730 SF
Term 5-10 Years
Rental Rate $15.00 /SF/YR
Space Use Retail
Build-Out Shell Space
Available Now

Main level unfinished space that is ideal for retail, professional office, or other approved use. Five or ten year lease terms with offset for Tenant Improvement. This newly renovated historic building in downtown Adrian is home to twelve residential apartments and several flexible commercial spaces. The commercial spaces are largely shell space at present which will allow the tenant to finish it in a way that will meet their needs.

  • $912.50 / month

1st Floor, Ste 104

Size 941 SF
Term 5-10 Years
Rental Rate $15.00 /SF/YR
Space Use Retail
Build-Out Shell Space
Available Now

$1,176.25 / month

About the Property

The property is situated within a B-3 zoning district, allowing for a wide range of commercial applications. With public water and sewer connections in place, efficient heating, and central air, the building is poised for redevelopment. Located approximately 30 minutes from larger regional markets and just over an hour from Toledo Express Airport, the location offers connectivity and convenience in a stable community setting.

Property Facts

Total Space Available 5,085 SF
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Size 8,505 SF
Year Built 1890
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
  • Listing ID: 41242647

  • Date on Market: 7/10/2026

  • Last Updated:

  • Address: 115 S Main St, Adrian, MI 49221

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