5060 E PECK ROAD Lexington, MI 48422

$147,000
5060 E PECK ROAD, Lexington, MI 48422
58031361528

Commercial Property for sale in Lexington, MI

for $147,000. This 3,360 square foot building was built in 1950 on a lot size of 0.80 Acre(s).

Property Information

  • $147,000
  • Commercial
  • 3,360 Square Feet
  • Business
  • Active
  • Lot size of 0.80 Acre(s)
  • Built in 1950
  • Lexington, MI
  • Sanilac County
  • MLS/Web ID is 58031361528

Description

Multi-generational family-owned business now an opportunity for the entrepreneur with a sense of vision! Overnight accommodations are scarce in this area, so this property has a market. And with some updating and redecorating, could be a highly-received and recommended business. Fourteen units could be decorated with mid-century vintage furnishings to complement the exterior, yet have the amenities of the modern world and appealing to visitors of all types. Detached living quarters (house) is also available. Current Use: Hotel/Motel, Lot Dimensions: 150 x 206

Interior 3

Heating Source

  • Natural Gas

Heating System

  • Space Heater(s)

Water Source

  • Municipal

Exterior 5

Construction

  • Brick

Foundation

  • Slab

Land Improvements

  • Sidewalks

Roof

  • Composition

Zoning

  • Commercial

Miscellaneous 2

Acceptable Finance

  • Cash
  • Conventional

Commercial

  • Cat V Wiring

† Excluded Feature

Additional Info

<p><img src="https://images.weichert.com/mlslogoimages/rc_sml.gif" style="float:left;" alt=""/> Provided through IDX through Realcomp II Ltd. Courtesy of WEICHERT, REALTORS®” “Copyright 2014 Realcomp II Ltd. Shareholders</p> <p>&copy; 2018 Realcomp Ltd. All rights reserved.</p>

Listed By

Listing Agent: Lawrence D Palleschi, Jr.
Broker: PREMIER PROPERTIES INC

5060 E PECK ROAD, Lexington, MI, 48422 is a Commercial Property for sale at $147,000 with 3,360 sqft and a lot size of 0.80 Acre(s). 5060 E PECK ROAD has 0.0 baths and was built in 1950. The property's zip code is 48422 which is in Lexington, MI

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Market Pricing

Average % of sale price Median % of sale price
All listings in Lexington $285,721 94 % above $225,900 54 % above
Commerical listings in Lexington $388,950 165 % above $449,900 206 % above

Get the facts about Lexington, MI!

Population 1,021
Population Growth (since 2000) 0 %
Median Income $35,399
Median Age 54.05
Households w/ Children 14 %

Residential Dwellings

  • Owned 403
  • Vacant 344
  • Rented 122

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