31 N Washington St, Oxford Village, MI 48371

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Sold Price
$475,000
List Price
$520,000

Property Description

Prime Downtown Mixed-Use Property located in the heart of Downtown Oxford. Fully updated and well-maintained building featuring a street-level retail space, ideal for a variety of commercial uses. Main level retail space offering two offices, one with glass French door adding charm and an upscale vibe, beautiful hardwood floors (in floor heating in the front of building), crown molding throughout, ample recessed lighting and a large bathroom. This historic building has front and rear access plus public parking in the rear lot. Upper level offers two updated one-bedroom apartments, providing comfortable and functional living spaces each equipped with stove and refrigerator. Tenants also enjoy access to a shared washer and dryer, adding convenience and appeal. Full usable basement provides additional storage, utility space, or is ready for your vision to finish. Building is fully leased with long-term tenants, offering immediate income. Prime walkable location near restaurants, shopping, nightlife, and close to the Poly Ann Trail. This property benefits from strong foot traffic and a highly desirable award winning downtown setting. A rare chance to own a flexible commercial/residential building in one of Oxford’s most sought-after locations. Ideal opportunity for investors seeking a stable, downtown asset. Updates include: 2025-Roof, 2024-Central air on main level, flooring in both apartments, front apartment shower, 2022-Boiler and main level hot water heater, 2019-Back upper unit renovated, 2003-Complete renovation of main level including exterior facade/windows.

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Courtesy of Oakland Corners Realty LLC 8779624968

Selling Office: Coldwell Banker Professionals.