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    Lexington, MI
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    Lexington, MI Retail Properties & Spaces for Sale

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    Croswell, MI Applegate, MI Port Sanilac, MI Burtchville, MI Jeddo, MI Yale, MI Lakeport, MI Grant, MI
    Turn-Key Retail Storefront with Storage
    Updated: Mar 13
    Turn-Key Retail Storefront with Storage

    5454 Main Street, Lexington, MI 48450

    $455,000
    2,145 sqft 0.26 AC lot
    Price includes extensive inventory currently in the house; barn inventory is negotiable.
    1895 1‑1/2‑story farmhouse with wrap‑around porch, patio, and fenced yard.
    Outdoor storage includes an 8x12 garden shed, 8x10 utility barn, and two‑story 30x40 barn.
    Garden area with perennials and a patio for outdoor seating.
    Heating includes oil baseboard; roof is shingle.
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    This listing looks promising.

    Here's a quick look at some key insights for

    5454 Main Street, Lexington, MI 48450

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    • Est. Cap Rate

      4.9%
      NOI ÷ price

    • Est. NOI

      $22K
      Annual

    • Price @ 7% Cap

      $318K
      Suggested
    View Property Analytics
    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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    Party Store with Living Quarters
    Party Store with Living Quarters

    Lexington, MI 48450

    $199,900
    0.45 AC lot

    Party store with licenses, commercial kitchen, and living quarters.

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    Turn-Key Retail Storefront with Wrap Porch
    Turn-Key Retail Storefront with Wrap Porch

    5454 Main Street, Lexington, MI 48450

    $455,000

    For-sale turn-key storefront with wrap-around porch and multiple storage barns.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 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.

    Two-Storefront Commercial Building
    Two-Storefront Commercial Building

    33 N Howard Street, Croswell, MI 48422

    $114,900
    4,756 sqft 0.51 AC lot

    Two street-level storefronts with upstairs living/office potential and a three-story outbuilding on a downtown lot.

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    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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    Storefront with Upper Apartment
    Storefront with Upper Apartment

    2494 S Lakeshore Road, Port Sanilac, MI 48469

    $149,900
    3,000 sqft 1.56 AC lot

    Storefront building with an upper apartment on S Lakeshore Road (M-25) in Port Sanilac, available for sale.

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    Downtown Commercial Building For Sale
    Downtown Commercial Building For Sale

    15 WELLS St, Croswell, MI 48422

    $185,000
    4,616 sqft

    4616 sq ft building in great downtown location.

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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.

    Corner Commercial Development Land
    Corner Commercial Development Land

    Peck/Wildcat Road, Croswell, MI 48422

    $450,000
    19.00 AC lot

    19-acre corner commercial parcel on the outskirts of Croswell, zoned Agricultural,Commercial.

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    Commercial Land Parcel with Lakeshore Frontage
    Commercial Land Parcel with Lakeshore Frontage

    5745 Lakeshore Dr. Avenue, Fort Gratiot, MI 48059

    $325,000
    3.60 AC lot

    Commercially zoned land offering 250 feet of frontage on Lakeshore Dr. (M25).

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    Redevelopment Land with Four-Side Frontage
    Redevelopment Land with Four-Side Frontage

    2700 Pine Grove Avenue, Port Huron, MI 48060

    $2,495,000
    47,319 sqft 2.92 AC lot

    Land site with road frontage on four sides on a major throughfare, plus an existing building for current income.

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    Corner Commercial-Residential Land Parcel
    Corner Commercial-Residential Land Parcel

    Lapeer Road, Smiths Creek, MI 48074

    $269,999
    3.52 AC lot

    Corner parcel at a roundabout, zoned Commercial/Residential, with sewer and natural gas available.

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    Lexington, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 4 retail properties & spaces for sale in Lexington, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,417 square feet of properties for sale, with an estimated market value of $1,309,800.

    Sale prices for stores in Lexington, MI start at $199,900, averaging $327,450, and reaching up to $455,000 — 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

    Storefront properties 5
    Grocery and convenience stores 2

    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 $276.6K

    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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