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Gateway Mixed-Use Vacant Land Parcel
For Sale
$295,000

5760 Main Street, Lexington, MI 48450

VACANT LAND, Lexington, MI

Property SizeContact for details
Lot Size1.27 Acres
Days on Market2196

Property Features for 5760 Main Street

General Information

Property type Land
Property subtype Other
Zoning Mixed Use
Zoning description Mixed Use
Exterior features Garages
Elementary school district Croswell Lexington Comm SD
Middle school district Croswell Lexington Comm SD
High school district Croswell Lexington Comm SD
Subdivision Lexington (76035)
Standard status Active
APN 152-036-100-380-00
Lot size 1.27 Acres

Taxes and HOA fees

Tax Year 2019
Tax Annual Amount 825

Utilities

Water source Public

Building Details

Additional Structures Garage(s)
Listing Agency: Premier Properties Real Estate LLC · Coldwell Banker Real Estate
Listed By: Lawrence Palleschi · License #6502359641
Added: Sep 2, 2020 Changed: Aug 19 Last Checked: Sep 6 at 3:06AM
MLS# 50022482

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Offered for sale is a very large vacant land parcel within the Village of Lexington, suited for a range of development and operating models. The property is zoned G-MU “Gateway Mixed Use District” and includes a 2-car garage. A survey is available for review.

The site is located on Main Street in a high-traffic area south of the downtown area, with a left-turn lane providing direct access. City water and sewer, natural gas, and fiber-optic internet are available at the street.

Given the Gateway Mixed Use zoning and the established infrastructure at the site, this parcel may be considered for a variety of uses mentioned in the listing, including multi-family and single-family development, short-term rentals, adult foster care, day care, or professional business uses. The combination of traffic access, utility availability, and flexible zoning supports tenant and owner-operator planning across multiple concepts—subject to final approvals and permitted uses under local regulations.

Key Highlights

  • Vacant land parcel in the Village of Lexington on Main street, in a high‑traffic area with a left‑turn lane
  • Zoned G‑MU “Gateway Mixed Use District” with flexible use options including multi‑family and professional business
  • City water/sewer, natural gas, and fiber‑optic internet available at the street

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Building Supply Big Box & Wholesale Store Pharmacy Plumbing Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby

Demographics for 48450, MI

4,199
Population
4,113
Households
1
Avg Household Size
55
Median Age
23%
College-Educated
95%
High-School Grad
21.9 sq mi
ZIP Area
192
Density / Sq Mi
$58,297
Median Household Income
$33,892
Median Earnings
$855
Median Rent
$200,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant parcel in a Gateway Mixed Use district with utilities at the street and a left-turn access point.
Where is this commercial land located?
The property is located at 5760 Main Street Lexington, MI.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Vacant land parcel in the Village of Lexington on Main street, in a high‑traffic area with a left‑turn lane; Zoned G‑MU “Gateway Mixed Use District” with flexible use options including multi‑family and professional business; City water/sewer, natural gas, and fiber‑optic internet available at the street
More about this property
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