For Sale
$510,000

11 Washington St Oxford, MI 48371

Prime Retail Space, 100% Leased

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a two-story, 4,750 square foot storefront located at 11 S Washington St, Oxford, MI 48371, in Oakland County. The property is currently 100% leased, offering immediate and consistent cash flow. The first floor comprises a thriving retail space, perfectly situated in the heart of downtown Oxford. Convenient front and rear entrances ensure easy access for both customers and deliveries. Adding to the investment potential, the second floor features two separately leased apartments, generating additional rental income. The asking price is $510,000, translating to a price per square foot of $107.37. This represents a strong value proposition given the prime location, high occupancy rate, and diverse income streams. The building's excellent condition and strong tenant base make this a truly compelling investment opportunity for discerning buyers seeking a stable and profitable addition to their portfolio. This property offers a rare chance to acquire a fully leased, multi-income-generating asset in a desirable downtown location. Don't miss this chance to secure a piece of Oxford's thriving commercial landscape.

Highlights

  • Investment sale: 100% leased, generating immediate cash flow.
  • Prime downtown Oxford, MI location at 11 S Washington St.
  • 4,750 SF two-story building with front and rear entrances.
  • First floor: Leased retail space.
  • Second floor: Two separately leased apartments.

Property Details for 11 Washington St

Property type
Retail properties, Retail space
Square Feet
4,750 SF
Buildings
1
Stories
2

Location Insight

City
Oxford
County
Oakland
State
Michigan
Latitude
42.8243488
Longitude
-83.2650474

FAQs

What type of property is this?
Retail property - Prime Retail Space, 100% Leased
Where is the retail property located?
The property is located at 11 Washington St Oxford, MI.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Investment sale: 100% leased, generating immediate cash flow.; Prime downtown Oxford, MI location at 11 S Washington St.; 4,750 SF two-story building with front and rear entrances.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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11 Washington St
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