# 146 Toledo Street, Adrian, MI 49221

> **TL;DR:** 0bd/2ba commercial, $250,000 ($127/sqft), built 1920, 1,976 sqft.
> A/C. Est. $1,083/mo. Listed 22 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $250,000 |
| Price/sqft | $127 |
| Bathrooms | 2 full |
| Square Feet | 1,976 |
| Year Built | 1920 |
| Lot Size | 24,394 sqft (0.56 acres) |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 22 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,083 |
| **Total** | **$1,083** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1920
- 0.56 acre lot
- 2 stories

## Description

### Agent Description
Step into opportunity with this one of a kind commercial property in the heart of downtown Adrian's vibrant DARA district. . The property features a rare and valuable asset to downtown, its own private parking lot with 8 spaces. Inside the main floor was completely re imagined in 2023 with a distinctive black metal ceiling. Tthe space has been fully gutted and rebuilt with a new electrical paneling wiring, updated duct work, spray foam insulated exterior walls and new flooring throughout the main level and stairways. New air conditioning main level in 2023. the upper level was remodeled in 2017 previously use as an apartment with previous infastructure still in place, convert back into apartment for additional income. Updates include all new electrical, new furnace, updated duct work, air conditioning lower level furnace 2017, new exterior doors water heater. This property offers the perfect blend of historic charm, modern systems, income potential making this a great opportunity.

## Location

- **Address:** 146 Toledo Street, Adrian, MI 49221
- **County:** Lenawee
- **Coordinates:** 41.899398, -84.034194
- **Google Maps:** https://www.google.com/maps?q=41.899398,-84.034194

## Listing Agent

- **Name:** Jameson Reed
- **Brokerage:** Xsell Realty
- **Phone:** 5179027100
- **Email:** jreed@xsellrealty.net

## Primary Photo

![146 Toledo Street - Primary Photo](http://lh.rdcpix.com/8fbdffa1bc247e9d2d4217d77c6444e7l-f932887848r.jpg)

*19 total photos available on [listing page](https://www.propertysimple.com/listing/146-toledo-street-adrian-mi-49221-26010893)*

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**MLS#:** 26010893 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/146-toledo-street-adrian-mi-49221-26010893)

---

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