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6 Washington St Oxford, MI 48371

Sponsored
For Sale
$1,150,000

High-return retail & residential property

Property size:
4,278 SF

Description

Added:
Feb 3, 2025
Days on Market:
339
This exceptional mixed-use property, located at 6 N WASHINGTON in the vibrant downtown Oxford, MI, presents a compelling investment opportunity. The 4,278 square foot building boasts a completely remodeled interior and sits on a 0.06-acre lot. The ground floor features retail space currently under a long-term lease, ensuring consistent rental income. Adding to the property's profitability, the second floor comprises two fully leased studio apartments, providing a diversified revenue stream. Leases are structured as NNN (Net, Net, Net), minimizing landlord responsibilities. Convenient city surface parking is immediately adjacent, featuring a valuable amenity: two EV charging stations, along with several designated two-hour parking spaces. The property benefits from a prime location within a thriving commercial district, surrounded by established businesses such as Red Knapps, Bar & Grill, Funky Monkey Toys, HomeGrown Brewing, Oxford Tap Room, and other successful enterprises. This strategic positioning ensures high visibility and foot traffic, further enhancing the investment potential. The asking price for this turnkey operation is $1,150,000, offering a rare chance to acquire a well-established, income-generating property in a desirable Michigan location. The combination of stable retail and residential income streams, coupled with the convenient parking and excellent location, makes this an attractive opportunity for discerning investors seeking a strong return on investment.

Property Features for 6 Washington St

General Information

Property type
Industrial properties
Square Feet
4,278 SF
Lot Size
2,614 SF

Building Details

Year Built
1919

Property Profile Location Intelligence

Current Use by Public Records

Norah's Bridal Bridal Shop

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Oxford
County
Oakland
State
Michigan
Longitude
-83.26483
Latitude
42.82506

FAQs

What type of property is this?
Industrial property - High-return retail & residential property
Where is this industrial property located?
The property is located at 6 Washington St Oxford, MI.
What is the asking price?
The asking price for this property is $1,150,000.
More about this property
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