Lexington MI Multi Family for Sale
ADDITIONAL INFORMATION
Incredible investment & rare opportunity to own your own business with some built in income. Property includes 8220 Lakeshore (address assigned for postal purposes only) a single family 3 Bdr home approx 1200 sq. ft. complete with 2 car garage on parcel of the same currently rented for $850/mo, along with commercial bld (8216 Lakeshore) in roughly 2500 Sq Ft features 9x13 walk-in cooler, separate stand-alone coolers, and built in counter. Was a convenience store, but has limitless options: Restaurant, Cafe/bakery, Retail, or apportion for offices and profit from the rent. High traffic area of Lakeshore. Possibility to split the land and rezone house residential. Homes like it are worth $140,000-$175,000 alone.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Lexington Real Estate
The median home value in Lexington, MI is $259,950. This is higher than the county median home value of $159,100. The national median home value is $338,100. The average price of homes sold in Lexington, MI is $259,950. Approximately 38.57% of Lexington homes are owned, compared to 23.04% rented, while 38.4% are vacant. Lexington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lexington real estate agent to arrange a tour today!
Lexington, Michigan has a population of 1,098. Lexington is less family-centric than the surrounding county with 12.21% of the households containing married families with children. The county average for households married with children is 26.74%.
The median household income in Lexington, Michigan is $39,375. The median household income for the surrounding county is $52,459 compared to the national median of $69,021. The median age of people living in Lexington is 60.6 years.
Lexington Weather
The average high temperature in July is 80.1 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 33.2 inches per year, with 39.1 inches of snow per year.