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Investment Highlights

  • Located within Richmond's established commercial district.
  • Approximately 0.63-acre site with developed infrastructure.
  • Positioned within a community supporting business growth initiatives.
  • Existing commercial improvements provide immediate utility.
  • Accessible to surrounding Macomb and St. Clair County markets.
  • Suitable for owner-user or investment consideration.

Executive Summary

68801 Oak Street presents an opportunity to acquire a commercial asset in Richmond, Michigan, a community positioned within the northern portion of Macomb County and the greater Detroit metropolitan region. The property benefits from a location near Richmond's established downtown business district, providing access to local services, retailers, employers, and community amenities that support ongoing commercial activity.
The site contains an existing commercial improvement situated on approximately 0.63 acres, offering investors or owner-users the ability to capitalize on an established property within a developed business environment. Richmond continues to support commercial recruitment, redevelopment, and business retention initiatives through its economic development programs, reinforcing the city's commitment to maintaining a healthy business climate.
The property's location provides connectivity to regional transportation routes serving Macomb, St. Clair, and surrounding counties, supporting convenient access for customers, employees, and vendors. Its position within a mature commercial setting offers visibility and accessibility while benefiting from the stability of an established local market. Richmond's population of approximately 5,927 residents and its proximity to larger employment centers throughout the Detroit region contribute to the area's ongoing commercial demand.
Whether considered as an investment holding, owner-occupied business location, or future redevelopment opportunity subject to applicable approvals, 68801 Oak Street offers a commercial presence within a community that continues to promote economic growth and business activity. The combination of an existing commercial structure, accessible location, and established business surroundings creates a compelling opportunity for buyers seeking a foothold in Richmond's commercial market.

Property Facts

Price $1,035,652 CAD
Price Per SF $207.13 CAD
Sale Type Investment
Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 0.63 AC
Building Size 5,000 SF
No. Stories 1
Year Built 1978
Zoning B-1

Amenities

  • Signage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
07-06-01-101-004
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$54,130 CAD
  • Listing ID: 41801387

  • Date on Market: 2026-08-19

  • Last Updated:

  • Address: 68801 Oak St, Richmond, MI 48062

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