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    OFF-MARKET
    Commercial real estate

    651 Oak St, Adrian, MI 49221-3316

    2,800 SF 0.18 ac lot
    Entity Owned Free & Clear
    Property ID
    US43-1182513
    Property summary
    AI-generated overview

    This exceptional 2,800 square foot industrial property, situated on a 0.18-acre lot at 651 Oak in Adrian, MI, presents a fantastic opportunity for a discerning business owner. The building boasts a substantial 30 x 40 foot garage featuring two large bays, perfectly suited for various industrial applications. Heavy-duty equipment is accommodated by a 9,000 lb. hoist, while a commercial air compressor enhances operational efficiency. Maintaining a comfortable work environment year-round is ensured by radiant heat installed in the garage bays in 2016 and a newer gas heater (2021) in the workshop area. The separate front office provides ample space for a waiting area, creating a professional and welcoming atmosphere for clients. A full bathroom with a shower adds to the convenience. The property's roof received a protective coating in 2015, ensuring long-term durability. This turnkey operation is ready for immediate occupancy, offering a blend of functionality and comfort. The sale excludes a workbench with vice. This is an exceptional opportunity to acquire a well-maintained industrial space in a desirable location. The asking price is $105,000. Don't miss out on this chance to establish or expand your business in a prime Adrian location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Total area 2,800 SF
    Lot 0.18 ac (7,841 SF)
    Zoning code B-2
    APN XA0-820-3008-01
    UPID US43-1182513
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    651 Oak Street LLC
    651 Oak Street LLC
    since 2025
    Last sale
    $65,000
    2 recorded transactions
    2025
    2025
    $65,000
    Zoning & alternative use
    B-2 · Adrian, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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