1329 Main St, Adrian, MI 49221-4306
- Commercial real estate
- 6,354 SF
- 1.43 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1329 Main St
- Lot size
- 1.43 lot acres
- Zone code
- B-4
- Property type
- Commercial real estate
- APN
- XA0-100-0357-10
- APU
- XA0100035710
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 2, 2026 | — | 1329 Adrian Property LLC | Adrian Capital LLC | Warranty Deed | — |
| Jan 2, 2019 | — | T Adrian Mall Mi LLC | — | Loan Modification · related | $2.6M · Inwood Nat'l Bk |
| Dec 15, 2017 | — | T Adrian Mall Mi LLC | — | Deed · related | — |
| Aug 5, 2016 | — | Adrian Capital LLC | — | Deed · related | — |
| Jun 3, 2016 | $415,000 | Adrian Capital LLC | T Adrian Mall Mi LLC | Grant Deed · related | — |
| Oct 5, 2012 | — | North Riverside Plaza 2 | Equity-adrian Mall LLC | Quit Claim Deed · related | — |
| — | — | Adrian Capital LLC | — | Loan Modification · related | — |
| — | — | T Adrian Mall Mi LLC | — | Loan Modification · related | — |
Description
This exceptional Class A, single-tenant, net-lease investment property presents a compelling opportunity. Located at 1329 S Main St, Adrian, MI 49221, this 6,683 square foot restaurant, built in 2017, sits on a 1.4-acre lot and is currently 100% occupied by Aubree's Pizzeria & Grill, one of their eight Michigan locations. The property boasts a strong 5-year remaining lease term, offering predictable cash flow and high returns. The asking price is $1,650,000, translating to $246.90 per square foot. Situated on an outlot of Adrian Mall, this strategically positioned property benefits from high visibility and proximity to other national retailers such as Hampton Inn & Suites, Meijer, and Lowe's Home Improvement. The B-4 zoning ensures flexibility and future potential. This is a turnkey investment opportunity in a thriving area surrounded by established residential neighborhoods. The property features one single-story building and the APN is XA0-100-0357-10. This is a rare chance to acquire a stable, high-performing NNN investment property with significant long-term growth potential.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $615,000
- AI Estimate
- $615,000
Market price range: $164k - $616kMarket price range: $164k - $616k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Adrian
- County
- Lenawee
- State
- Michigan
- Longitude
- -84.0423
- Latitude
- 41.8791
- CBSA code
- 10300
- CBSA name
- ADRIAN, MI MICROPOLITAN STATISTICAL AREA
