150 Washington St Oxford, MI 48371
- Retail space
- 5,090 SF
- 0.47 lot acres
Current Use by Public Records
- Retail space
Property Details for 150 Washington St
- Year built
- 1940
- Lot size
- 0.47 lot acres
- Property size
- 5,090 SF
- Zone code
- BI
- Property type
- Retail space
- APN
- PO-04-27-279-043
- APU
- PO0427279043
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oxford
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2589
- Latitude
- 42.8187
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
