Lexington, MI
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    Lexington, MI Retail Space for Sale

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    Croswell, MI Yale, MI Fort Gratiot, MI
    Octagon-Shaped Mixed-Use Building
    $175,000
    360 SF
    Octagon-Shaped Mixed-Use Building

    5481 Main Street, Lexington, MI 48450

    Distinctive octagon-shaped commercial building suited for retail, office, or service concepts in downtown Lexington.
    • Distinctive octagon‑shaped commercial building in the Village of Lexington
    • Metal roof
    • Public water source
    • 1970 year built
    • Baseboard heating with wall/window AC units
    Updated: Apr 12
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    Unique Commercial Space in Lexington
    $175,000
    Unique Commercial Space in Lexington

    5481 Main St, Lexington, MI 48450

    Distinctive octagon-shaped building in downtown Lexington, near Lake Huron.
    • Unique octagon‑shaped building with unmatched character and high visibility.
    • Prime downtown location steps from shops, restaurants, marina, and Lake Huron shoreline.
    • Versatile layout suitable for various businesses (retail, coffee shop, gallery, office, etc.).
    • Architectural design creates a memorable customer experience.
    • Landmark property in a desirable location.
    Updated: Apr 26
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Lexington, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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 Pizzeria and Ice Cream Parlor
    $269,900
    5,300 SF
    Turnkey Pizzeria and Ice Cream Parlor

    Thriving pizzeria and ice cream parlor with arcade for sale.

    5433 LAPEER Road, Kimball, MI 48074

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    Wadhams Road Commercial Building Opportunity
    $575,000
    4,592 SF
    Wadhams Road Commercial Building Opportunity

    Freestanding 4,592 SF building on 2 acres for sale.

    2855 Wadhams, Kimball, MI 48074

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    Retail Space For Sale
    $9,000,000
    86,923 SF
    Retail Space For Sale

    Retail space available with a new national tenant coming soon.

    4025 24th Ave, Fort Gratiot Township, MI 48059

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    Retail Space in Prime Location
    $2,350,000
    5,803 SF
    Retail Space in Prime Location

    5,803 SF retail space in high-traffic retail corridor.

    4220 24th Ave, Fort Gratiot Township, MI 48059

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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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF
    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033

    View details

    Lexington, MI Retail Space Investment Opportunities Market Analysis

    Explore 2 retail space for sale in Lexington, MI on our real estate platform. These investment opportunities span a total of 1,960 square feet of properties for sale, with an estimated market value of $524,900.

    Sale prices for retail space in Lexington, MI start at $175,000, averaging $262,450, and reaching up to $349,900 — 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

    Storefront properties 3
    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 median listing prices of real estate assets

    Neighborhood Average Price
    48450 $233.3K

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

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