For Sale
427 N STEER Street, Addison, MI 49220
$600,000
MLS # 20230079377 (Realcomp)
Built 19507.2 acres
1 / 33
Listing Description
Attention All Developers! Beautiful 7.20 acre property with approximately 875' of Frontage on the tranquil Addison Mill Pond. This property also included the former Addison Bariatric Hospital of 12,235 sq ft and another 1,800 sq ft building. The hospital has a 500 kilowatt transformer with 3 Phase power and 208 volts. Updates also include 4 new furnaces in 2023 (never turned on yet), new gas piping throughout. This property could also be developed for multi-family, senior housing, self-storage and many other uses. All information is estimated and should be verified.
Source: SparkMLS
About this home
Currently offered at $600,000.
Property tax estimate: $6,991 per year ($583/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company. Broadband is available with download speeds up to 1,200 Mbps from 10 providers.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size7.2 acres
Year Built1950
Location
CityAddison
MunicipalityAddison Vllg
Zip Code49220
CountyLenawee
School DistrictAddison
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed3/18/2024
Original Price$950,000
Source: SparkMLS
Tax Information
Annual Tax$6,991
Parcel #WD1131447500. WD1131442500
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by David D Misko
Van Esley Real Estate Inc
Frequently Asked Questions about 427 N STEER Street, Addison, MI 49220
Which school district serves 427 N STEER Street, Addison, MI 49220?
Per MLS# 20230079377, 427 N STEER Street, Addison, MI 49220 is in the Addison boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Addison directly to confirm enrollment eligibility.
What are the property taxes at 427 N STEER Street, Addison, MI 49220?
Per public tax records, annual property taxes for this property are $6,991. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 427 N STEER Street, Addison, MI 49220 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 427 N STEER Street, Addison, MI 49220 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 427 N STEER Street, Addison, MI 49220. The maximum advertised download speed is 1.2 Gbps. 10 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 427 N STEER Street, Addison, MI 49220?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Addison Vllg police department or the Lenawee County sheriff's office.
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BETAMulti-Year Tax History
View SEV, Taxable Value, and uncapping difference for this parcel — Lenawee County public records.
Mortgage Calculator
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Monthly payment$3,892
Principal & interest$3,892
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 Mbps
CableLicensed Fixed WirelessGSO SatelliteUnlicensed Fixed WirelessSatelliteFixed WirelessDSL
10 providers at this address
XfinityCable
1.2 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsMercury FiberUnlicensed Fixed Wireless
150 MbpsHughesNetSatellite
100 MbpsViasat IncSatellite
100 MbpsDMCI Broadband LLCLicensed Fixed Wireless
40 MbpsAT&TLicensed Fixed Wireless
25 MbpsRural ReachFixed Wireless
25 MbpsFrontierDSL
10 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
427 N STEER Street, Addison, MI 49220
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Municipality
Woodstock Township
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County
Oakland County
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