626 Oak St Adrian, MI 49221
This exceptional 12,600-square-foot property, formerly the Cotton Brewery, presents a unique investment opportunity in Adrian, Michigan. Built in 1980 and renovated in 2015, this single-story building sits on a sizable lot and offers versatile potential. The 12,000 square feet of rentable space features a 12-foot ceiling height, making it suitable for a variety of uses. Access is provided by multiple overhead doors (10x9 feet on the north side and 9x11 feet on the south side), along with additional access doors. The property is zoned B-2 by the city of Adrian, allowing for diverse commercial applications. The vacant lot north of the building is included in the sale. The building is currently vacant, offering immediate occupancy. The property's address is 626 Oak St, Adrian, MI 49221, and its APN is XAO-820-2015-00. A potential lease option is available at $3,400 per month, plus taxes, insurance, maintenance, and utilities. This property represents a rare chance to acquire a substantial building with significant redevelopment potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.