690 S Lapeer Rd - Warehouse FOR SALE


Oxford, MI 48371
$1,350,000 USD
248-933-4907
690 S Lapeer Rd, Oxford, MI for Sale
$1,350,000 USD
Warehouse - FOR SALE
1/53
null | Request Cap Rate

690 S Lapeer Rd
Oxford, MI 48371


HIGHLIGHTS

  • High-Exposure 9,000 SF Commercial Asset on M-24
  • Owner-User or Value-Add Opportunity with Nearly 1 Acre
  • Commercial Building + Residential Income on Prime Corridor
  • Rare Mixed-Use Commercial Site in Oxford Township
  • High-Visibility Corner Commercial Property

OVERVIEW

High-visibility commercial opportunity located directly on M-24, also known as Lapeer Road, along Oxford’s primary retail and service corridor, with an estimated 30,552 vehicles per day according to MDOT 2023 data. This offering features a 9,057 sqft commercial building built in 1970, along with a 980 sqft single-family residence built in 1940, all situated on 0.92 acres totaling approximately 40,000 square feet. The property offers roughly 200 feet of frontage on Lapeer Road and an additional 200 feet on Oakdell Street, providing strong visibility and accessibility. Zoned C-1 Local Commercial, the site supports a wide range of permitted and special uses including professional office, retail up to 10,000 square feet, medical or dental office, personal services, contractor offices, and other specialty commercial applications. The existing building layout includes a functional front office area and a rear shop or workspace, along with two restrooms and drive-in overhead access, making it well suited for contractors, trades, light assembly, service-based operations, or owner-users seeking a high-exposure location with long-term growth potential.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$149 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Storefront Retail/Office, Service, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

Lighting, Gas, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92

LAND SF

40,269

ZONING

C1

APN/PARCEL ID

04-26-302-017

ASK ABOUT THIS PROPERTY

Darren BradyMax Broock CommercialMore Info
248-933-4907

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Darren BradyMax Broock CommercialMore Info
248-933-4907

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.