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1390 W Maumee St
Adrian, MI 49221
Office Property For Sale
Executive Summary
Acrisure is a leading American financial technology (fintech) company and one of the worlds largest insurance brokers, headquartered in Grand Rapids, Michigan. One of the top 15 largest privately held insurance agencies in the U.S. Quality office building originally constructed for Kapnick Insurance Company in 1974. Building has two separate entrances for the main level and also a separate entrance for the basement area (Future use could be multi-tenant 2- or 3-unit building).
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
9,201 SF
Building Class
C
Year Built
1974
Price
$1,234,151 CAD
Price Per SF
$134.13 CAD
Cap Rate
9.14%
NOI
$112,801 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
9,201 SF
Building FAR
0.21
Lot Size
1.00 AC
Zoning
C - Commercial
Property Taxes
| Parcel Number | XA0-275-0005-01 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $609,629 CAD |
Property Taxes
Parcel Number
XA0-275-0005-01
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$609,629 CAD
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