Restaurants

Lexington, MI Restaurants for Sale

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Croswell, MI Applegate, MI Port Sanilac, MI Burtchville, MI Jeddo, MI Yale, MI Lakeport, MI Grant, MI
Retail Storefront with Commercial Kitchen
Updated: May 22, 2024
Retail Storefront with Commercial Kitchen

7023 Lakeshore Road, Lexington, MI 48450

$199,900
5,272 sqft 0.45 AC lot
Party store business opportunity with included liquor license, beer/wine carry‑out, lotto, tobacco, and commercial kitchen/living quarters licenses
Roof features metal and flat roofing
Heating includes floor furnace
Cooling includes ceiling fan(s), attic fan, and wall/window unit(s)
Patio and deck/patio outdoor features
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Turnkey Cafe and Restaurant
Updated: Jun 4
Turnkey Cafe and Restaurant

7285 Huron Ave, Lexington, MI 48450

$600,000
Cafe and restaurant business in downtown Lexington
Year built: 1952
Offers a turn‑key hospitality setup (per listing description)
BikeScore: 43 (somewhat bikeable) and WalkScore: 59 (somewhat walkable)
Located in an area near the waterfront (per listing description)
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Lexington, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey Retail and Dining Building
Turnkey Retail and Dining Building

41 N Ridge Street, Port Sanilac, MI 48469

$249,000
2,900 sqft 0.46 AC lot

Turnkey storefront with updated interiors, rear lot access via roll-up door, and outdoor paver patio.

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Turnkey Bar and Restaurant
Turnkey Bar and Restaurant

53 N Howard Avenue, Croswell, MI 48422

$695,000
6,392 sqft 0.29 AC lot

Fully remodeled bar and restaurant with a Class C liquor license and included equipment, sold as turn-key with the property.

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Lake Huron Marina For Sale
Lake Huron Marina For Sale

7365 Cedar Street, Port Sanilac, MI 48469

$3,500,000
29,300 sqft 5.83 AC lot

Full-service Great Lakes marina with storage and service facilities.

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Established Bar and Restaurant Opportunity
Established Bar and Restaurant Opportunity

53 N Howard Ave, Croswell, MI 48422

$695,000
0.29 AC lot

Turn-key bar and restaurant in Croswell, Michigan for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Near Walmart
Commercial Land Near Walmart

580 W Sanilac Road, Sandusky, MI 48471

$169,000
4.55 AC lot

4.55 acres in prime commercial area near Walmart.

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Commercial Land in Sandusky, MI
Commercial Land in Sandusky, MI

600 W Sanilac Road, Sandusky, MI 48471

$179,000
4.53 AC lot

4.53 acres in prime commercial area near Walmart.

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Commercial Land in Sandusky, MI
Commercial Land in Sandusky, MI

620 W Sanilac Road, Sandusky, MI 48471

$199,000
4.53 AC lot

4.53 acres in prime commercial area near Walmart.

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Commercial Land Kimball Twp
Commercial Land Kimball Twp

Smiths Creek, MI 48074

$299,000
0.90 AC lot

Prime commercial land near expressway, ideal for store or restaurant.

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Lexington, MI Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Lexington, MI on our real estate platform. These investment opportunities span a total of 5,272 square feet of properties for sale, with an estimated market value of $799,900.

Sale prices for restaurant properties in Lexington, MI start at $199,900, averaging $399,950, and reaching up to $600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Coffee shops 1
Commercial kitchens 1

Demographics Overview

Population 4,413
Population Growth (5Y) -3.5%
Median Household Income $58,297
College Educated 35.7%

High-Yield Neighborhoods for Investment

Identify Lexington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48450 $325K

Taxes & Financing

Tax Rate (average for all types) 2.99%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sanilac County

New Delisted

Total CRE Inventory on Market (SF)

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