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    150 Washington St Oxford, MI 48371

    Sponsored
    For Sale
    $560,000

    Renovated Industrial Space, High Traffic Location

    Property size:
    5,090 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional 5,090 square foot commercial property in Oxford, MI, presents a prime investment opportunity. Strategically located on high-traffic M-24 in the heart of downtown, this extensively renovated building offers unparalleled versatility. Completed in 2023, the renovations transformed this 1.5-story space into a turnkey operation, currently configured as a restaurant. The C-2 zoning allows for a wide range of business uses. The property features a sophisticated layout, including an upper mezzanine with a private bathroom, presenting potential for separate unit development. Ample parking is available on-site for 20+ vehicles, with overflow parking nearby. High-end commercial amenities are in place, including a walk-in cooler, commercial-grade sinks, and fully equipped food preparation areas. The 0.47-acre lot provides convenient access and visibility. This fully updated space represents a rare chance to own a thriving commercial property in Oxford's vibrant downtown, offering significant potential for various business ventures at a compelling price of $560,000. The combination of location, recent renovations, and flexible zoning makes this a truly unique opportunity.

    Property Features for 150 Washington St

    General Information

    Property type
    Industrial properties
    Square Feet
    5,090 SF
    Lot Size
    20,473 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oxford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.25907
    Latitude
    42.81868

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    FAQs

    What type of property is this?
    Industrial property - Renovated Industrial Space, High Traffic Location
    Where is this industrial property located?
    The property is located at 150 Washington St Oxford, MI.
    What is the asking price?
    The asking price for this property is $560,000.
    (810) 600-2060
    Request Owner's contact information
    150 Washington St Oxford, MI 48371
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    Oxford, MI 48371
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    150 Washington St Oxford, MI 48371
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