College to purchase former Adrian Inn

ADRIAN — The Adrian City Commission voted on Monday to sell the Adrian Inn property at 1575 W. Maumee St. to Adrian College for $250,000.

The sale comes with an agreement that Adrian College will assume responsibility for demolition of the former hotel within six months, thus relieving the city of that expense. 

Before making their decision, commissioners also reviewed information about demolition costs. City staff members had collected bids on all the costs involved in tearing down the building, and the low bids came to $27,750 for cleaning out the rooms, $74,600 for asbestos removal, and $124,500 for the demolition itself, a total of $226,850.

Commissioner Mary Roberts, who previously had expressed reluctance about selling the property to a tax-exempt organization and removing it from the tax rolls, said reviewing those costs convinced her to vote for accepting Adrian College’s proposal. It would take years for any property tax revenue to cover that cost, she said.

According to the city assessor’s website, previous tax bills for the property came to about $25,000 per year, with about $6,000 of that amount going to the city.

The college intends to put student housing on the property.

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