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Updated Flex Space with Garage Bays
New
For Sale
$189,500

651 Oak Street, Adrian, MI 49221

COM/IND/BUS OPP, Adrian, MI

Property Size2,160 SF
Lot Size0.25 Acres
Price / SF$87.73
Days on Market2

Property Features for 651 Oak Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Adrian (46025)
Standard status Active
APN XA0-820-3008-01
Size 2,160 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2428

Utilities

Heating system Radiant, Forced Air
Water source Public

Building Details

Year built 1950
Roof type Metal
Listing Agency: Foundation Realty, LLC
Listed By: Mark Baker · License #6502138749
Added: Sep 22 Changed: Sep 23 Last Checked: Sep 23 at 10:06PM
MLS# 50222640

Copyright © 2026 Lenawee County Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex property at 651 Oak Street in Adrian, Michigan, provides 2,160 square feet of commercial space on a 0.25-acre lot. The building was constructed in 1950 and has been updated inside and out, with 3+ garage bays, office space, and a full bathroom. A renovated lean-to adds practical storage and utility area.

The property includes a brand-new parking lot with room for employees, customers, equipment, and vehicles. Public water serves the site, while heating is provided by radiant and forced-air systems. A metal roof completes the existing improvements.

Key Highlights

  • 2,160 square feet of commercial space on a 0.25‑acre lot
  • 3+ garage bays with office space and a full bathroom
  • Renovated lean‑to adds storage and utility area

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Pharmacy HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Real Estate Agency Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Drive-in doors

Location Intelligence

Trade Area within ½ mile

415
Businesses Nearby
Under-served
Demand for This Use

Demographics for 49221, MI

41,315
Population
17,011
Households
2.4
Avg Household Size
39
Median Age
22%
College-Educated
88%
High-School Grad
119.9 sq mi
ZIP Area
345
Density / Sq Mi
$57,316
Median Household Income
$32,289
Median Earnings
$986
Median Rent
$158,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Renovated commercial property with office area, full bathroom, storage, and room for equipment and vehicles.
Where is this flex space located?
The property is located at 651 Oak Street Adrian, MI.
What is the asking price?
The asking price for this property is $189,500.
What are key features of this property?
This property features: 2,160 square feet of commercial space on a 0.25‑acre lot; 3+ garage bays with office space and a full bathroom; Renovated lean‑to adds storage and utility area
More about this property
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