626 Oak Street Adrian, MI ^$ 395,000

626 Oak Street

^$ 395,000

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626 Oak Street

Adrian, MI, 49221

^$ 395,000

Studio Baths0.0 Sq 12,600

Monthly Estimate*

^$ 2,625

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Studio

Commercial Property for sale in Adrian, MI

for $395,000. This 12,600 square foot building was built in 1980 on a lot size of 0.61.

Former Cotton Brewery building for sale or lease. Lease rate is $3,400 per month plus taxes, insurance, maintenance and utilities. The building is 12,740 SQFT with 11 foot ceiling heights under the joists, vacant lot north of building is included. 10 X 9 foot overhead door along with 2 other access doors in the front of building. 9 X 11 foot overhead door on the southside of building and an access door. Zoned B-2 parking in the front. Zoned B-2 city of Adrian zoned for many uses.

Commercial Active

Price

^$ 395,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,065

Style

Commercial/Industrial

Lot Size

0.61

Year Built

1980

Town/City

Adrian

County/Region

Lenawee

MLS | Web ID

50120078

Features

General

Heating Forced Air

Cooling Central A/C

Roof Gravel

Water Public Water

Status Active Active

Year Built 1980

Parking 11-20 Spaces On Site

County Lenawee

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name Cotton Brewery

Percent Ownership LLC

Municipality Adrian

Zoning Commercial

Subdivision MI

Commercial Features 3 Phase Power 440 Volt Power Internet Available Delivery Area Delivery Door Drive-In Overhead Doors Restroom(s) Sidewalks

Area Adrian (46025)

Primary City Adrian

Directions North on Oak St. from Beecher

City Adrian

Street Name Oak

Financial Terms Cash Commercial Loan Lease

Legal Description Lot 17 & S 22 FT LOT 18 BLK 15 E H WINANS ADD

DOM 293

Postal Code 49221

Price Per Sq Ft Total 31.35

Coming Soon Former Cotton Brewery building for sale or lease. Lease rate is $3 400 per month plus taxes insurance maintenance and utilities. The building is 12

Exterior

Exterior Block

Frontage 260

Body of Water None

Lot Size Area 0.61

Lot Dimensions 240 X 120

Water Features None

Roads Curbed Paved Street

Waterfront Y/N No

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

Patrick Hoffman

Listing Agent

Howard Hanna Real Estate Services-Tecumseh

Broker

patrickhoffman@howardhanna.com

Affordability Calculator

$2,964

Per Month

Monthly Principal & Interest: $2,625
Monthly Property Taxes: $339
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Adrian, MI

Average List Price ^$373,667

Percent of Sale Price 5%

About Adrian, MI

20,445 Population

-8% Since 2002

^$35,556 Median Income

34.32 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/12/2024	$395,000	-1.25%	Price Down
8/25/2023	$400,000		Listed Price

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626 Oak Street, Adrian, MI, 49221 is a Commercial Property for sale at $395,000 with 12,600 sqft and a lot size of 0.61. 626 Oak Street is a studio with 0.0 baths and was built in 1980. The property's zip code is 49221 which is in Adrian, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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626 Oak Street

Commercial Property for sale in Adrian, MI

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