6513 Lakeshore Road Lexington, MI ^$ 269,900

6513 Lakeshore Road

^$ 269,900

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6513 Lakeshore Road

Lexington, MI, 48450

^$ 269,900

Studio Baths0.0 Sq 4,000

Monthly Estimate*

^$ 1,885

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Studio

Commercial Property for sale in Lexington, MI

for $269,900. This 4,000 square foot building was built on a lot size of 1.08.

Motivated seller just reduced price!!! Great opportunity to own a restaurant that has been a staple in the Lexington area for many years. Over 3500 sq. ft. of operating space available and a fully furnished kitchen. Seating capacity for the restaurant is 90-100. The former banquet room has been converted to a 2 bedroom 1 bath laundry room 1000 sq. ft. living space. This living space could be used for extra income or the owners residence. Included in the sale is all the equipment and real estate. This restaurant is already established just needs somebody to take over and make it their own. Great location just 2 mile south of the THE FIRST RESORT NORTH the Village of Lexington on Lake Huron. One and half hours from Metro Detroit area. This commercial property has great potential. Let your DREAMS come true!!!

Commercial Active

Price

^$ 269,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

1.08

Town/City

Lexington

County/Region

Sanilac

MLS | Web ID

50114137

Features

General

Heating Boiler

Cooling Ceiling Fan(s) Exhaust Fan Wall/Window A/C

Water Public Water

Status Active Active

Year Built 9999

County Sanilac

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Worth Twp

Subdivision MI

Commercial Features Cafe/Kitchen Ceramic Floor Living Quarters Attached

Area Worth Twp (76026)

Primary City Lexington

Directions 2 miles South from the Village of Lexington.

City Lexington

Street Name Lakeshore

Financial Terms Cash Commercial Loan Conventional

Legal Description T9N R17E SEC 7 COM AT NW COR OF SEC TH S 200 FT E PAR TO N LINE OF SEC 240 FT TH N 70 FT TH W 40 FT TH N 130 FT TO CEN OF MORTIMER LINE RD TH W 200 FT TO POB

DOM 294

Postal Code 48450

Price Per Sq Ft 67.48

Coming Soon Motivated seller just reduced price!!! Great opportunity to own a restaurant that has been a staple in the Lexington area for many years. Over 3500 sq. ft. of operating space available and a fully fu

Exterior

Exterior Vinyl Siding

Frontage 192

Lot Size Area 1.08

Lot Dimensions 192x180

Waterfront Y/N No

* Excluded Features

List By

Tracy Kritzman

Listing Agent

Town & Country Realty-Lexington

Broker

tracykr1@yahoo.com

Affordability Calculator

$1,885

Per Month

Monthly Principal & Interest: $1,885
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Lexington, MI

Average List Price ^$562,225

Percent of Sale Price 108%

About Lexington, MI

1,045 Population

2% Since 2002

^$35,653 Median Income

53.93 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/20/2024	$269,900	-6.90%	Price Down
1/27/2024	$289,900	-6.45%	Price Down
1/5/2024	$309,900	-3.13%	Price Down
8/26/2023	$319,900	-1.54%	Price Down
7/3/2023	$324,900		Listed Price

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6513 Lakeshore Road, Lexington, MI, 48450 is a Commercial Property for sale at $269,900 with 4,000 sqft and a lot size of 1.08. 6513 Lakeshore Road is a studio with 0.0 baths. The property's zip code is 48450 which is in Lexington, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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6513 Lakeshore Road

Commercial Property for sale in Lexington, MI

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