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280 Lapeer Rd
Oxford, MI 48371
Retail Property For Sale


Investment Highlights
- Newly constructed commercial building with no prior occupancy.
- Approximately 70 parking spaces support a variety of business uses.
- Building features soaring ceilings and abundant natural daylight.
- Located along the Lapeer Road (M-24) commercial corridor.
- Positioned near Meijer, Aldi, and the McLaren medical complex.
- Marijuana dispensary remains an approved use per marketing materials.
Executive Summary
280 N Lapeer Rd presents an opportunity to acquire a newly constructed commercial building positioned along the highly traveled Lapeer Road (M-24) corridor in Oxford, Michigan. The property is situated just south of Meijer and a newly developed Aldi location, placing it within an established retail corridor that benefits from daily consumer activity and visibility.
The building features classic all-brick architecture, soaring ceilings, and abundant natural daylight, creating an environment suitable for a variety of commercial uses. A newly constructed parking field provides approximately 70 parking spaces, supporting customer, employee, and visitor access. According to the marketing materials, the property's zoning offers flexibility for multiple potential uses including medical, restaurant, retail, office, and approved marijuana dispensary operations.
Its location directly across from the McLaren medical complex provides proximity to healthcare-related activity and may appeal to medical users seeking a presence along a major thoroughfare. The property's frontage on Lapeer Road places it within one of the area's primary commercial corridors, with reported traffic counts of approximately 50,000 vehicles per day at nearby intersections.
The combination of new construction, flexible use potential, substantial parking capacity, and exposure along a heavily traveled corridor positions the asset for owner-users, investors, and businesses seeking a highly visible commercial location within the Oxford market.
The building features classic all-brick architecture, soaring ceilings, and abundant natural daylight, creating an environment suitable for a variety of commercial uses. A newly constructed parking field provides approximately 70 parking spaces, supporting customer, employee, and visitor access. According to the marketing materials, the property's zoning offers flexibility for multiple potential uses including medical, restaurant, retail, office, and approved marijuana dispensary operations.
Its location directly across from the McLaren medical complex provides proximity to healthcare-related activity and may appeal to medical users seeking a presence along a major thoroughfare. The property's frontage on Lapeer Road places it within one of the area's primary commercial corridors, with reported traffic counts of approximately 50,000 vehicles per day at nearby intersections.
The combination of new construction, flexible use potential, substantial parking capacity, and exposure along a heavily traveled corridor positions the asset for owner-users, investors, and businesses seeking a highly visible commercial location within the Oxford market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,440 SF
Building Class
C
Year Built
2023
Price
$1,499,000
Price Per SF
$435.76
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.75 AC
Zoning
Commercial - Commercial use
Parking
60 Spaces (17.44 Spaces per 1,000 SF Leased)
Frontage
192’ on N. Lapeer Road
Property Taxes
| Parcel Number | 04-22-403-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $49,830 |
Property Taxes
Parcel Number
04-22-403-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$49,830
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