6 Washington St Oxford, MI 48371-4789
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.
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Norah's Bridal Clothing & Fashion Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Oxford, MIOxford. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.