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    Lexington, MI
    Retail

    Lexington, MI Retail Space 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
    Turn-Key Retail Storefront with Wrap Porch
    Updated: Mar 13
    Turn-Key Retail Storefront with Wrap Porch

    5454 Main Street, Lexington, MI 48450

    $455,000
    Built in 1895 with nostalgic charm of a grand 1½‑story farmhouse storefront.
    Sale price includes extensive inventory currently in the house; barn inventory is negotiable.
    Wrap‑around porch plus gardens with healthy perennials (reported to be in bloom three seasons).
    Extra storage includes an 8x12 garden shed and an 8x10 utility barn.
    Two‑story 30x40 barn provides additional storage space.
    View details
    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.

    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.

    View details
    Retail Space in Prime Location
    Retail Space in Prime Location

    4220 24th Ave, Fort Gratiot Township, MI 48059

    $2,350,000
    5,803 sqft 1.53 AC lot

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

    View details
    Turnkey Retail and Dining Property
    Turnkey Retail and Dining Property

    41 N Ridge Street, Port Sanilac, MI 48469

    $249,000

    Turnkey building with a roll-up rear overhead door, paver patio, and ADT-monitored security system.

    View details
    Freestanding Retail Building with Skylights
    Freestanding Retail Building with Skylights

    3031-B Commerce Drive, Fort Gratiot Township, MI 48059

    Contact for pricing

    Freestanding building with skylights and windows plus great parking in a highly accessible North End location.

    View details

    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.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    Lexington, MI Retail Space Market Trends and Statistics

    Explore 2 retail space for sale in Lexington, MI on our real estate platform. These investment opportunities span a total of 2,145 square feet of properties for sale, with an estimated market value of $910,000.

    Sale prices for retail space in Lexington, MI average $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 $175K

    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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