0 Baldwin HwyAdrian, MI 49221

For Sale
$450,000
Prime Adrian location, 84 condo units ready to build.

Overview

Added:
Dec 11, 2024
Days on market:
126
Exceptional investment opportunity in Adrian, Michigan, featuring a 100-unit condominium development situated on a 36.02-acre lot (APN: MD0-820-8000-00). The property is zoned for residential use and boasts significant infrastructure already in place. Sanitary sewer and storm sewer systems are fully installed throughout the development. Phase I is complete, with sewer, water, electrical, gas, and cable services already connected. Currently, eight condos are built and occupied, and four more are under construction. A total of sixteen units have been sold, leaving 84 available units for sale at an asking price of $450,000. This represents a unique opportunity to acquire a ready-to-build site in a desirable Adrian location. All sewer tap fees have been paid, minimizing upfront costs and streamlining the development process. The existing infrastructure significantly reduces the time and expense associated with new construction, making this an attractive proposition for investors seeking a high-return project. The property's location in Adrian offers convenient access to local amenities and services, further enhancing its appeal.

Highlights

  • 100-unit condo development on a 36.02-acre lot in Adrian, MI (APN: MD0-820-8000-00), zoned residential.
  • Phase I complete with sewer, water, electric, gas, and cable infrastructure in place. Eight units occupied, four under construction, sixteen sold.
  • 84 remaining condo units available for $450,000.
  • All sewer tap fees paid.
  • Desirable Adrian location with convenient access to amenities.

Property Details for 0 Baldwin Hwy

Property type
Land
Lot Size (sq. ft)
1,569,031 SF

Location Insight

City
Adrian
County
Lenawee
State
Michigan
Latitude
41.877922192542
Longitude
-84.057725527402
Baldwin Hwy, Adrian, Michigan

FAQs

What type of property is this?
Land - Prime Adrian location, 84 condo units ready to build.
Where is the land located?
The property is located at Baldwin Hwy Adrian, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 100-unit condo development on a 36.02-acre lot in Adrian, MI (APN: MD0-820-8000-00), zoned residential.; Phase I complete with sewer, water, electric, gas, and cable infrastructure in place. Eight units occupied, four under construction, sixteen sold.; 84 remaining condo units available for $450,000.
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0 Baldwin Hwy
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