55
See all 55 photos
$225,000
Est. payment /mo
2,525 SqFt
New
8216 LAKESHORE Road Lexington, MI 48450
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,525 sqft
Price per Sqft $89
Municipality Worth Twp
Subdivision Worth Twp
MLS Listing ID 20251058547
Annual Tax Amount $3,100
Lot Size 0.680 Acres
Acres 0.68
Lot Dimensions 167 x 158
Source Realcomp
Property Description
Incredible investment & rare opportunity to own your own business with virtually no competition or lease for additional investment profit. Bonus residence on the property yields over $10,000 in income annually with long standing tenant. Long term equity wins if you split the property in the future to sell residence separately - current values make the residence worth $150K + alone. Collective AVM is currently over $350,000Updated commercial bld 2525 Sq Ft features New flooring, Furnace, updated septic, new water line, updated electric, 9x13 walk-in cooler, separate stand-alone coolers, and built in counter; along with a large shed for storage. Was a convenience store, but has limitless options: Restaurant, Cafe/bakery, Retail, or apportion for office. High traffic area of Lakeshore, the gateway to the thumb. Opportunities and needs in the community = Mixed-use or retail development downtown: As Lexington grows, there's room for cafe, boutiques, galleries, and visitor-centered retail. No Starbucks along the way to work from home here! Specialty food or agri-tourism ventures: Local farm-to-table markets, fermented foods, or agritourism complement existing food production. Senior care facilities or in-home services: As population ages, community-scale healthcare services and assisted living support can fill a growing need. Perfect location for commuter day care! So many options to launch a successful business in this community.
Location
State MI
County Sanilac
Zoning Commercial,Light Industri
Direction Gailbraith to Lakeshore south to property on the right
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Foundation Slab
Water Public
Schools
School District Croswell Lexington
Others
Tax ID 26103040005001
Virtual Tour https://youtu.be/RglBGre4bxs?si=ZQmiYBHVY7CYqJYN
Listed by Real Estate One GPF
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