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690 S Lapeer Rd 9,057 SF Industrial Building Oxford, MI 48371 $1,847,867 CAD ($204.03 CAD/SF)
Investment Highlights
- High-Exposure 9,000 SF Commercial Asset on M-24
- Commercial Building + Residential Income on Prime Corridor
- High-Visibility Corner Commercial Property
- Owner-User or Value-Add Opportunity with Nearly 1 Acre
- Rare Mixed-Use Commercial Site in Oxford Township
Executive Summary
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 quasi-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.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Utilities
- Lighting
- Gas
- Water - City
- Sewer - City
- Heating - Gas
Property Taxes
| Parcel Number | 04-26-302-017 | Total Assessment | $458,805 CAD |
| Land Assessment | $0 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
04-26-302-017
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$458,805 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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690 S Lapeer Rd
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