1077 W US 223 - Hospitality FOR SALE


Adrian, MI 49221
$5,400,000 USD
734-516-7451
1077 W US 223, Adrian, MI for Sale
$5,400,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

1077 W US 223
Adrian, MI 49221


HIGHLIGHTS

  • Close to Adrian College, Siena Heights University, and major community venues.
  • Surrounding area includes restaurants, national retailers, and essential services.
  • Positioned to capture consistent hospitality demand from business and leisure travelers.

OVERVIEW

This hotel property along US-223 in Adrian offers investors a hospitality asset in a well-traveled corridor serving southeast Michigan and northwest Ohio. Situated in Adrian, a city known for its educational institutions and manufacturing base, the location provides consistent lodging demand from local employers, business visitors, and regional travelers. The property’s frontage along US-223 allows for strong visibility and ease of access, connecting quickly to downtown Adrian and regional highways that lead to US-23 and I-75 for access to Ann Arbor, Toledo, and Detroit.

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$125 USD /SF

# OF ROOMS

60

PRICE/ROOM

$90,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express Adrian

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1999

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

71,874 SF

ZONING

C

APN/PARCEL ID

MD0-115-2330-00

ASK ABOUT THIS PROPERTY

John GlasnakHotel Ventures InternationalMore Info
734-516-7451

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John GlasnakHotel Ventures InternationalMore Info
734-516-7451

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.